echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > Downstream demand is not good, and the PVC market is stable and falling

    Downstream demand is not good, and the PVC market is stable and falling

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    The PVC market is stable and falling
    .
    The merchant mentality is unstable, the offer is more profitable, the downstream demand is not good, and on-demand procurement is the mainstay
    .

    PVC

    Upstream market: International oil prices closed higher, with WTI light sweet crude futures for June delivery on the New York Mercantile Exchange (NYMEX) settlement up 47 cents, or 1%,
    at $46.
    70 a barrel.
    July Brent crude futures on London's Intercontinental Exchange (ICE) settled up 48 cents, or 1 percent, at $48.
    08 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
    .

    Spot market: The PVC market in Hangzhou is generally traded and the quotation is stable
    .
    Type 5 ordinary calcium carbide mainstream self-pickup quotation 5220-5280 yuan / ton, slightly higher quotation is also available, difficult to trade
    .
    The PVC market in Hebei has a calm atmosphere, average transactions, and stable mainstream prices
    .
    The mainstream of ordinary type 5 calcium carbide is delivered without tax 4800-4900 yuan / ton, including tax 5120-5230 yuan / ton, and higher quotations are also available
    .
    The PVC market in Guangzhou continued to be calm, downstream demand was general, merchants were in a wait-and-see mood, trading was deadlocked, and mainstream prices remained stable
    .
    The mainstream transaction price of ordinary type 5 calcium carbide is 5200-5240 yuan / ton for self-pickup, and the price of Tianye is slightly higher
    .

    Merchants mostly hold steady and wait-and-see, trading is general, downstream orders are still not active, and it is difficult to boost the confidence of the industry
    .
    It is expected that the short-term PVC market will continue its downturn
    .

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.