PVC market weak and down, downstream follow-up slowly

U.
S.
WTI crude July futures closed down $0.
19 at $48.
88 a barrel
.
Brent crude for August futures closed down 0.
19 at $50.
35 a barrel
.

Upstream raw materials: Asian ethylene market prices partially declined, CFR Northeast Asia fell 5 US dollars / ton to close at 1039.
5-1041.
5 US dollars / ton, CFR Southeast Asia closed 1044.
5-1046.
5 US dollars / ton
.
The shipment of calcium carbide enterprises is normal, Wuhai sporadically has low prices, the rest of the quotations remain stable for the time being, and the price center of gravity has not changed much
.
Factory price of calcium carbide in various places: the mainstream factory price of calcium carbide in Wuhai and Ordos areas of Inner Mongolia is 2100-2150 yuan / ton; The factory price of calcium carbide in Shizuishan area of Ningxia is 2150-2200 yuan / ton; Zhongwei area quotation 2200-2300 yuan / ton; Shaanxi factory 2100-2200 yuan / ton; Gansu area 2200-2300 yuan / ton
.

Enterprise dynamics: calcium carbide PVC production enterprises quotations fell individually
.
Type 5 ordinary calcium carbide around the surrounding mainstream acceptance factory in Inner Mongolia area 4950-5050 yuan / ton; The mainstream acceptance factory in Shandong is 5140-5300 yuan / ton; The mainstream factory in Hebei is 5150-5250 yuan / ton acceptance; The mainstream factory in Shanxi is 5150-5250 yuan / ton acceptance
.
The mainstream price of ethylene enterprises in East China is 5600-5650 yuan / ton
.

Domestic ethylene PVC enterprises as a whole are mostly stable for the time being
.
At present, Qilu Petrochemical, Tianjin Dagu and LG Dagu in North China are shipped to 5400-5600 yuan / ton, and the real delivery in East China is 5600-5700 yuan / ton, and Taiwan's Formosa Plastics quotation in June is 800 US dollars / ton CFR China's main port
.

Plastic exchange PVC market shock sorting, from the plate point of view, June calcium carbide method 5 type PVC, East China trading volume, the rest of the region wait-and-see atmosphere is strong, the transaction is general
.
In terms of prices, contracts in different regions showed mixed trends, with South China, North China and Southwest China closing on a rising trend, and East China and Northwest China closing on a downward trend
.
As of the close, the settlement price in South China in June was 5150.
86 yuan (ton price, the same below), up 186.
14 yuan; East China settled at 5250 yuan, down 10 yuan; North China settled at 5230 yuan, up 10 yuan; and ethylene settlement price was 5610 yuan, up 10 yuan
.
Fundamentally, today's domestic PVC market is weak and falling, although the current domestic market social inventory is general, and there are individual sources of shortages, but the terminal demand is not good, the downstream follow-up is slow, traders are difficult to find price support points, successively let profits shipments, quotations continue to fall
.
Upstream manufacturers are steadily and secretly falling to produce inventory, and it is expected that the short-term plastic exchange PVC will maintain a weak market
.

Upstream manufacturers started work basically normally, PVC production continued to increase, and the inventory pressure of some manufacturers gradually increased, forcing the factory quotation to gradually decrease to facilitate the transaction; However, due to the support of production costs, the room for downward adjustment is limited
.
The market demand side is still difficult to see favorable, and the PVC market in the future market continues to decline
.