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The PVC market quotation was temporarily stable, and individual sources were slightly sorted out
.
Downstream factories have limited efforts to receive goods, continue to take as they go, and it is difficult to increase the volume of transactions, so traders are cautious and flexible
shipments.
Upstream market: Crude futures rose, with U.
S.
crude futures for August delivery on the New York Mercantile Exchange up $2.
03, or 4.
2%, at $49.
88, and Brent crude futures on the European ICE futures exchange up $2.
03, or 4.
2%,
at $50.
61.
Asian ethylene market prices rose, CFR Northeast Asia rose $5 to close at $1094.
5-1096.
5 / ton; CFR Southeast Asia rose $5 to settle at $1064.
5-1066.
5/mt
.
The spot market traded flat, and prices were stable and small
.
Hangzhou PVC market quotations still rose
slightly.
Type 5 ordinary calcium carbide mainstream self-pickup quotation 5520-5600 yuan / ton, slightly higher quotation is also available
.
The PVC market atmosphere in Guangzhou is acceptable, the transaction is general, the merchants follow the market to ship, the mainstream price is stable, and some prices continue to rise
slightly.
There are not many sources of PVC prices in the Linyi market, the replenishment cost is high, and the market price is stable
.
Ordinary type 5 calcium carbide without tax quotation is delivered at 5000-5050 yuan / ton, and the price of the whole vehicle is slightly lower
.
As of 15 o'clock, the quotations of some grades of spot PVC of China Plastic were mixed, ranging from 50-400 yuan / ton, of which S-02/Shanghai Hangwang was as low as 9200 yuan / ton (down 400), and S-03-2/Shanghai Sanyi was as low as 9050 yuan / ton (up 50).
Traders ship generally, downstream orders are less willing, slightly resistant to high prices, and the transaction is flat
.
It is expected that the short-term PVC market will still be dominated by large and small movements
.