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The PVC market is generally stable, the inquiry atmosphere is flat, the demand of downstream enterprises is limited, and the actual transaction is still light
.
Upstream market: Crude futures rose on Wednesday, with WTI light sweet crude futures for June delivery on the New York Mercantile Exchange (NYMEX) up 1.
29 or 2.
9% to settle at $45.
33 a barrel
.
The Intercontinental Exchange (ICE) June Brent crude futures contract settled up $1.
44, or 3.
1%, at $47.
18 a barrel
.
Asian ethylene market prices were stable, CFR Northeast Asia prices held steady at 1189.
5-1191.
5 US dollars / ton; CFR Southeast Asia prices held steady at $1144.
5-1146.
5/mt
.
The spot market traded flat, and prices were stable and small
.
Changzhou PVC market trading is flat, the transaction is average, and the price fluctuation is limited
.
Type 5 ordinary calcium carbide, the mainstream self-pickup is 5320-5410 yuan / ton, slightly higher quotation
.
The PVC market in Guangzhou has a stable atmosphere, the transaction is average, the merchants are in a wait-and-see mood, and the mainstream price fluctuations are limited
.
The mainstream transaction price of ordinary type 5 calcium carbide is 5330-5370 yuan / ton for self-pickup, and the price of Zhongtai/Tianye is slightly higher
.
The PVC market in Hangzhou performed calmly, demand was poor, trading was light, and mainstream prices were stable
.
Type 5 ordinary calcium carbide mainstream self-pickup quotation 5350-5450 yuan / ton, slightly higher quotation is also available
.
The market trading atmosphere is calm, traders are obviously wait-and-see sentiment, the offer is generally stable, and local adjustments
are appropriate.
The willingness to purchase downstream is not strong, and there are many on-demand purchases, and the transaction is limited
.
It is expected that the short-term PVC market will remain consolidated
.