PVC market weak finishing The atmosphere is still light

Upstream market: Oil prices rose, with benchmark U.
S.
crude futures on the New York Mercantile Exchange up $1.
51, or 3.
3%, at $47.
72 a barrel
.
Brent crude futures on the European ICE futures exchange rose $1.
14, or 2.
4 percent, to $48.
97 a barrel
.
Asian ethylene market prices were stable, CFR Northeast Asia prices held steady at 1179.
5-1181.
5 US dollars / ton; CFR Southeast Asia prices held steady at $1139.
5-1141.
5/mt
.

Spot market: Shanghai PVC market trading is flat, the overall quotation is relatively stable, and the shipment performance is average
.
Type 5 mainstream self-pickup quotation is 5230-5270 yuan / ton
.
The PVC atmosphere in Linyi market is calm, the transaction is average, 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
.
The PVC market in Hangzhou is slightly flat, traders are holding steady, and there is still resistance
to high-price shipments.
Type 5 ordinary calcium carbide mainstream self-pickup quotation 5200-5250 yuan / ton, slightly higher quotation is also available
.

As of 15 o'clock, the quotation of some grades of spot PVC of China Plastic fell by 50 yuan / ton, of which EB109/Shanghai Chlorine was as low as 12,000 yuan / ton (down 50), R-05B/Shanghai chlor-alkali was as low as 12,700 yuan / ton (down 50), and RB-05C/Shanghai Zhongyuan was at 11,800 yuan / ton (down 50).

The wait-and-see mentality of traders occupies the mainstream, and they basically ship flexibly according to their own conditions
.
There was no significant improvement in downstream demand, factories maintained on-demand procurement, and actual transactions were limited
.
It is expected that the short-term PVC market will still be dominated by weak
finishing.