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The PVC market is more wait-and-see, and traders' quotations are mostly stable, with local slight adjustments
.
Downstream demand remained cautious, factories mainly purchased on demand, and actual transactions were limited
.
Upstream market: China crude futures fell, with New York Mercantile Exchange (NYMEX) August WTI crude futures settling down 71 cents, or 1.
5%,
at $45.
24 a barrel.
Intercontinental Exchange (ICE) September Brent crude futures settled down 65 cents, or 1.
4 percent, at $46.
96 a barrel
.
Asian ethylene market prices were stable, CFR Northeast Asia prices held steady at 1134.
5-1136.
5 US dollars / ton; CFR Southeast Asia prices held steady at $1084.
5-1086.
5/mt
.
The spot market traded flat, and prices were stable and small
.
Changzhou's PVC market consolidated in a narrow range, traders gave profits and shipments in a narrow range, and trading was flat
.
Type 5 ordinary calcium carbide, the mainstream self-pickup is 5530-5630 yuan / ton, and the high price is also available
.
The PVC market in Guangzhou has a calm atmosphere, the downstream demand is general, the market inventory is not large, the overall transaction is tepid, and the mainstream price fluctuations in various places are limited
.
There are not many sources of PVC in the Linyi market, and the early orders are digested one after another, the cost of new orders is higher, and the market price has increased
slightly.
The quotation of ordinary type 5 calcium carbide excluding tax is delivered at 5220-5250 yuan / ton, and the price of the whole vehicle is slightly lower
.
The volume of goods received by downstream factories is still limited, and the wait-and-see mentality has not improved
significantly.
Most traders operate cautiously and do not have much
volume.
It is expected that the short-term PVC market will remain stable
.