PVC market narrow finishing traders operate cautiously

International crude oil futures on Thursday were basically unchanged from the previous day, as the United States coincided with the Thanksgiving holiday, the exchange closed early, and overall, the market trading was slightly light
.

On Thursday (November 24), the Asian ethylene market price partially rose, CFR Northeast Asia rose 10 US dollars to close at 1009.
5-1011.
5 US dollars / ton; CFR Southeast Asia prices held steady at $919.
5-921.
5/mt
.

In the spot market, the trading price of the PVC market has moved steadily
.
Shanghai PVC market quotation downgraded
.
Type 5 mainstream self-pickup quotation is 7900-8050 yuan / ton
.
Tianchen 5 type self-pickup 8050 yuan / ton, Tianchen 8 type self-pickup 8100 yuan / ton
.
Hangzhou PVC market trading is flat, shipments are not good, some traders ship at low prices, and the center of gravity of market quotations has fallen again
.
The mainstream of type 5 ordinary calcium carbide is reported at 7900-8050 yuan / ton, and it is difficult to trade at a high price, and some sources can still make profits
.

As of 15 o'clock, the quotation of some grades of spot PVC of China Plastic rose by 50-900 yuan / ton, of which S-02/Shanghai Bocheng was as low as 13,000 yuan / ton (up 550), S-03/Shanghai Hangwang was as low as 10,500 yuan / ton (up 850), and S-101/Shanghai Sanyi was as low as 11,000 yuan / ton (up 900).

In summary, the inquiry atmosphere in the spot market is general, the transaction and shipment situation is relatively slow, the purchase intention of downstream factories is low, and the total transaction volume is limited
.
It is expected that in the short term, the PVC market will still be dominated by narrow
finishing.