Flat demand PVC market is weak and difficult to change

Upstream market: International oil prices soared, with WTI crude futures for June delivery on the New York Mercantile Exchange (NYMEX) up $1.
57 to $46.
23 a barrel, and the Intercontinental Exchange (ICE) July Brent crude futures settlement price rising $2.
08, or 4.
6%,
to $47.
60 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 performance of the PVC market in Hangzhou is relatively flat, traders maintain stable shipments, and downstream orders are still not active
.
Type 5 ordinary calcium carbide mainstream self-quotation 5220-5300 yuan / ton, slightly higher quotation is also available, difficult to trade
.
The performance of the Shanghai PVC market was stable, traders stabilized prices and shipments, and trading was still flat
.
Type 5 mainstream self-pickup quotation is 5250-5320 yuan / ton
.
The PVC atmosphere in Linyi market is calm, the transaction is average, the trading is tepid, and the mainstream price is stable
.
The quotation of ordinary type 5 calcium carbide excluding tax is delivered at 4950-4980 yuan / ton, and the price of the whole vehicle is slightly lower
.

At present, the market wait-and-see sentiment occupies the mainstream, demand is flat, merchants are confused, and downstream terminal enterprises are mainly ready to use
.
It is expected that the weak pattern of the short-term PVC market will be difficult to change
.