PVC market quotations fell and downstream demand performed flatly

In the upstream market, crude oil closed sharply higher on Monday, with NYMEX crude futures up 2.
21% at $47.
08 a barrel
.
Brent crude futures rose 2.
12 percent to $48.
24 a barrel
.
On Monday (November 28), the price of ethylene in Asia was stable, and the CFR Northeast Asia price held steady to close at 1039.
5-1041.
5 US dollars / ton; CFR Southeast Asia prices held steady at $899.
5-901.
5/mt
.

From the perspective of the spot market, the PVC atmosphere in the Linyi market is dull, the shipment is not good, the downstream purchases on demand, the merchants reduce the price of shipments, and the real negotiation
.
The quotation of ordinary type 5 calcium carbide excluding tax is delivered at 7300-7330 yuan / ton, and the price of the whole vehicle is slightly lower
.
The PVC market in Guangzhou is not much in supply, the demand is not good, the transaction volume is low, and the price continues to fall
.
The mainstream transaction price of ordinary type 5 calcium carbide is 8100-8180 yuan / ton self-pickup, and lower and higher prices are also available
.
Hangzhou PVC market performance is not good, quotation is lowered
.
The mainstream of type 5 ordinary calcium carbide is reported at 7700-7850 yuan / ton, and it is difficult to trade at a high price, and some sources can still be
profitable.

In summary, since the terminal demand side has not shown signs of improvement, traders are generally more cautious and rationally adjust their prices
along with the market.
It is expected that the short-term PVC market will still be dominated by narrow range
.