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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
.
Upstream market: Crude futures closed slightly higher on Wednesday, with May WTI crude futures up 4 cents, or 0.
1 percent, closing at $
38.
32 a barrel.
May Brent crude futures rose 12 cents, or 0.
3 percent, to settle at $
39.
26 a barrel.
On Thursday, the Asian ethylene market price was stable, and the CFR Northeast Asia price held steady to close at 1204.
5-1206.
5 US dollars / ton; CFR Southeast Asia prices held steady at $1159.
5-1161.
5/mt
.
The market traded flat, and prices were stable and small
.
Changzhou PVC market performance is relatively flat, quotations remain stable
.
Type 5 ordinary calcium carbide, the mainstream self-pickup is 5350-5480 yuan / ton, the transaction of large orders can be discounted, slightly higher quotation is also available
.
Hangzhou PVC market trading is still flat, although the inventory pressure is not large, but the recent shipments are not good, the quotation remains unchanged, in order to promote the delivery of profits
.
The mainstream self-pickup quotation of type 5 ordinary calcium carbide is 5380-5500 yuan / ton, and there is still a discount
of 20-30 yuan / ton for the transaction of some large orders.
There are not many supplies of PVC in the Linyi market, the transaction is average, the atmosphere is calm, and the mainstream price is stable
.
Ordinary type 5 calcium carbide excluding tax quotation at 5160-5180 yuan / ton is delivered
.
Fundamentals: The domestic PVC market industry continues to be calm, the market demand is general, and the trading is tepid
.
Merchants followed the market, prices remained stable, and a few transaction prices were slightly loosened
.
The intention of upstream enterprises to hold up prices and shipments will not change
in the short term.
It is expected that the short-term plastic exchange PVC will maintain a volatile pattern
.