Downstream resistance to high prices PVC market continues to be sorted out at a high level

Upstream market: Oil prices closed up more than 1 percent, with U.
S.
WTI crude for October futures closing up $0.
69, or 1.
46 percent, at $48.
10 a barrel
.
Brent crude October futures closed up $0.
80, or 1.
63 percent, at $49.
96 a barrel
on Tuesday.
Asian ethylene market prices partially rose, CFR Northeast Asia rose $15 to close at $1174.
5-1176.
5 / ton; CFR Southeast Asia prices held steady at $1069.
5-1071.
5/mt
.

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

PVC market traders in Hebei have stable shipments, the overall supply is not much, the downstream demand is acceptable, and the price is stable
.
Ordinary type 5 calcium carbide material is delivered without tax 5470-5540 yuan / ton, including tax 5860-5940 yuan / ton
.

There are not many supplies in the PVC market in Guangzhou, the downstream demand is general, the merchant mentality is stable, the mainstream price is stable, and the low price is slightly reduced
.
The mainstream transaction price of ordinary type 5 calcium carbide is 5960-6010 yuan / ton self-pickup
.

There are not many sources of PVC in the Linyi market, and merchants will ship with the market, with cost support and stable
quotations.
The quotation of ordinary type 5 calcium carbide excluding tax is delivered at 5670-5700 yuan / ton, and the price of the whole vehicle is slightly lower
.

As of 15 o'clock, the quotation of individual grades of spot PVC of China Plastics rose by 50 yuan / ton, and the lowest price of S-03-2/Shanghai Sanyi was 9100 yuan / ton
.

The market remains strong
.
The cost side is still supported, traders are still willing to actively take goods, downstream goods are still cautious, purchase according to orders, and the market volume is limited
.
It is expected that the short-term PVC market will still be dominated by high consolidation
.