The PVC market is weak and the wait-and-see atmosphere is strong

Upstream market: Oil prices fell on Wednesday, with NYMEX May WTI crude futures settling down 41 cents, or 1%,
at $41.
76 a barrel.
Intercontinental Exchange (ICE) June Brent crude futures settled down 51 cents, or 1.
1 percent, at $44.
18 a barrel
.
Asian ethylene market prices were stable, CFR Northeast Asia prices held steady at 1199.
5-1201.
5 US dollars / ton; CFR Southeast Asia prices held steady at $1159.
5-1161.
5/mt
.

The spot market traded flat, and prices were stable and small
.
The Shanghai PVC market traded poorly, traders made profits and shipments, and quotations fell
.
The mainstream self-pickup quotation of type 5 is 5300-5450 yuan / ton, and higher quotations are also difficult to trade
.
The price of PVC in the Linyi market has not changed much, traders have narrowly let out shipments, and downstream purchases on demand for small orders, and trading is tepid
.
Ordinary type 5 calcium carbide without tax, the quotation is about 5080 yuan / ton to be delivered
.
The PVC market in Guangzhou is flat, traders are holding steady prices, waiting for transactions, and shipments are still general
.
The mainstream transaction price of ordinary type 5 calcium carbide is 5350-5420 yuan / ton for self-pickup, and the price of Zhongtai/Tianye is slightly higher
.

The mentality of traders is unstable, quotations follow the market, terminals are still mainly used and purchased, and actual transactions are limited
.
It is expected that the short-term PVC market is weak and difficult to change
.