Downstream procurement willingness is not high, and the PVC market remains consolidated

Upstream market: Crude oil futures closed lower, with the New York Mercantile Exchange (NYMEX) August U.
S.
WTI crude oil futures settlement price down $2.
47, or 4.
9%, at $47.
64 a barrel, and London's Intercontinental Exchange (ICE) August benchmark Brent crude futures fell as low as $47.
54 a barrel during the session, and settled down $2.
5, or 4.
9%,
at $48.
41 a barrel 。 Asian ethylene market prices rose, CFR Northeast Asia rose 30 US dollars to close at 1089.
5-1091.
5 US dollars / ton; CFR Southeast Asia rose $20 to settle at $1059.
5-1061.
5/mt
.

Spot market: Shanghai PVC market quotations continue to rise, low prices are difficult to find
.
The mainstream self-pickup quotation of type 5 is 5450-5500 yuan / ton, and higher quotations are also available
.
There are not many merchants in the PVC market in Guangzhou, and the sentiment of selling is heating up, there are not many quotations, and the price has risen
sharply.
The mainstream transaction price of ordinary type 5 calcium carbide is 5450-5500 yuan / ton self-pickup, and the price of Tianye is slightly higher
.
The PVC atmosphere in Qilu Chemical City is acceptable, the transaction is stable, the merchant mentality is better, and some prices have increased
slightly.
The real transaction price continued to negotiate
.

The willingness to purchase downstream is not high, and it is difficult to increase the volume of real transactions
.
It is expected that the short-term PVC market will maintain a consolidation pattern
.