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    Home > Chemicals Industry > New Chemical Materials > PVC narrow finishing The market atmosphere is flat

    PVC narrow finishing The market atmosphere is flat

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    PVC market narrow finishing
    .
    Downstream factories have not improved in receiving goods, and continue to purchase on demand, mainly to maintain normal production
    .

    PVC

    Upstream market: Crude oil futures closed lower, with WTI light sweet crude futures for July delivery on the New York Mercantile Exchange (NYMEX) settling down 52 cents, or 1.
    1%,
    at $48.
    85 a barrel.
    Intercontinental Exchange (ICE) August global benchmark Brent crude futures settled down 3 cents, or 0.
    1 percent
    , at $50.
    62 a barrel.
    Asian ethylene market prices were stable, CFR Northeast Asia prices held steady at 1049.
    5-1051.
    5 US dollars / ton; CFR Southeast Asia prices held steady at $1039.
    5-1041.
    5/mt
    .

    Spot market: Shanghai PVC market quotations remained firm, the rally was blocked, traders held up prices, and narrow profits facilitated transactions
    .
    Type 5 mainstream self-pickup quotation is 5200-5280 yuan / ton
    .
    Hangzhou PVC market is standing tall and waiting, some still have a trial to pull up, but the shipment is not good, narrow margin shipments, 5 type ordinary calcium carbide mainstream self-pickup quotation 5220-5280 yuan / ton, slightly higher quotation is also available
    .
    The PVC market in Hebei has a general transaction, a calm atmosphere and stable mainstream prices
    .
    Ordinary type 5 calcium carbide is delivered without tax 4770-4850 yuan / ton, including tax 5090-5180 yuan / ton
    .

    The atmosphere in the venue is flat, mainly wait-and-see, and there are not many
    business operations.
    The downstream side is mainly based on on-demand procurement, and it also holds a wait-and-see mentality
    .
    It is expected that the short-term PVC market will be dominated
    by large and small movements.

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