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The PVC market performed smoothly and maintained a high level of consolidation

 Last Update: 2022-12-03
 Source: Internet
 Author: User

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The PVC market performed steadily, maintaining a high consolidation trend with limited price volatility
.
The willingness to purchase downstream is not strong, more on-demand procurement, and the transaction atmosphere is flat
.

PVC

Upstream market: U.
S.
WTI crude October futures closed up $1.
28, or 2.
97%, at $44.
44 a barrel on Friday (September 2), and Brent crude November futures closed up $1.
38, or 3.
04%, at $46.
83 a barrel
on Friday.
Asian ethylene market prices partially fell, CFR Northeast Asia prices held steady at 1194.
5-1196.
5 US dollars / ton; CFR Southeast Asia prices fell $5 to settle at $1064.
5-1066.
5/mt
.

The spot market traded flat, and prices were stable and small
.

PVC market traders in Hebei region ship generally, the overall supply is not much, downstream demand is light, and the price is stable
.
Ordinary type 5 calcium carbide is delivered without tax 5460-5530 yuan / ton, including tax 5850-5930 yuan / ton
.

There are not many supplies in the PVC market in Guangzhou, the downstream demand is calm, the trading is tepid, and the mainstream price is stable
.
The mainstream transaction price of ordinary type 5 calcium carbide is 5880-5930 yuan / ton self-pickup
.

The PVC market in Qilu Chemical City has not many supplies, and the downstream demand is general
.
Participants accompany the market to ship, the price fluctuates in a narrow range, and the transaction can be negotiated
.

The downstream terminal demand is sluggish, the transaction is difficult to increase, and the actual transaction is more flexible
.
It is expected that the short-term PVC market will still operate at a high level
.

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