PVC market consolidation operation Downstream demand is still limited

Linyi PVC market atmosphere is stable, downstream on-demand procurement, the transaction is tepid, 5 types of materials without tax reported 6350-6400 yuan / ton delivered, the vehicle price is slightly lower
.
The atmosphere of the PVC market in Guangzhou is acceptable, the downstream on-demand procurement, the transaction is tepid, and the mainstream price fluctuation is not large
.
Hebei PVC market atmosphere is calm, demand is general, transaction is tepid, price fluctuations are limited
.
The Shanghai PVC market is mainly narrowly sorted, and the downstream just needs to be purchased, and the transaction has not been large
.
The PVC market atmosphere in Qilu Chemical City is calm, the terminal purchases on demand, some prices rise slightly, a few loose, and the actual order can be negotiated
.
Hangzhou PVC market is mainly consolidated, downstream inquiry and procurement enthusiasm has not changed much, trading is general
.

Despite the sharp decline in U.
S.
crude oil inventories, Brent crude oil futures showed the largest one-day percentage decline in more than two years, but fears of a trade war and Libya's resumption of crude oil supply; The strengthening of the dollar also weighed on the dollar-denominated crude oil futures market
.
On Wednesday (July 11), the August 2018 futures settlement price of West Texas Light Oil on the New York Mercantile Exchange was $70.
38 per barrel, down $3.
73, or 5.
0%, from the previous session, the largest one-day percentage decline since June 2017; Trading range 70.
02-74.
26; Brent crude oil futures on the Intercontinental Exchange in London settled at $73.
40 per barrel in September 2018, down $5.
46, or 6.
9%, from the previous session, the largest one-day percentage decline since February 9, 2016; Trading range 73.
04-78.
83
.

The PVC market performed fairly
.
The merchant mentality has improved slightly, and more stable prices are actively
shipped.
However, downstream demand is still limited, and transaction follow-up is insufficient
.
At present, the mainstream quotation of ethylene material is about 7300-7650 yuan / ton, and the mainstream quotation of type 5 calcium carbide is about 6850-7200 yuan / ton, and the real transaction can be negotiated
.
The good news is limited, and the price of PVC market in Plastic City is mainly
stable.
The merchant mentality is complicated, and they are actively shipping, but the downstream demand has not yet recovered, and the overall transaction is not good
.
It is expected that in the short term, the PVC market will continue to consolidate and the rebound space will be limited
.