PVC quotations are firm at high levels and individual are still rising

Upstream market: International crude oil futures fell sharply, with the New York Mercantile Exchange (NYMEX) August WTI light sweet crude futures settlement price falling $2.
39, or 4.
9%,
to $46.
60 per barrel.
Intercontinental Exchange (ICE) September Brent crude futures settled down $2.
14, or 4.
3%,
at $47.
96 a barrel.
Asian ethylene market prices were stable, CFR Northeast Asia prices held steady at 1124.
5-1126.
5 US dollars / ton; CFR Southeast Asia prices held steady at $1094.
5-1096.
5/mt
.

The spot market traded flat, and prices were stable and small
.
Hangzhou PVC market maintained a high position
.
Downstream orders are not active, and trading is flat
.
Type 5 ordinary calcium carbide mainstream self-pickup quotation 5630-5750 yuan / ton, slightly higher quotation is also available
.
There are not many supplies of PVC in the Linyi market, the atmosphere is acceptable, and the mainstream price is stable
.
The quotation of ordinary type 5 calcium carbide excluding tax is delivered at 5100-5150 yuan / ton, and the price of the whole vehicle is slightly lower
.
The PVC market atmosphere in Hebei is acceptable, the quotations of surrounding enterprises are stable, and the fluctuations of merchants' quotations are limited
.
Ordinary type 5 calcium carbide is sent without tax 5000-5080 yuan / ton, including tax 5330-5420 yuan / ton is delivered
.

Traders are more flexible in taking goods, but downstream demand is still relatively weak, factories are not willing to stock up, and more on-demand procurement is the mainstay
.
It is expected that the short-term PVC market will maintain a high consolidation pattern
.