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The overall operation trend of the PVC market is dominant, and the transaction remains at the previous level
.
Downstream users hold a wait-and-see mentality towards the current sharp rise in the market, focusing on on-demand procurement, and market transactions are still limited
.
Upstream market: Oil prices continued to rise, U.
S.
WTI crude oil September futures closed up $0.
21, or 0.
45%, at $46.
79 per barrel
on Wednesday (August 17).
Brent crude October futures closed up $0.
62, or 1.
26 percent, at $49.
85 a barrel
on Wednesday.
The price of ethylene in Asia was stable, and CFR Northeast Asia price held steady at 1099.
5-1101.
5 US dollars / ton; CFR Southeast Asia prices held steady at $1049.
5-1051.
5/mt
.
The spot market traded flat, and prices were stable and small
.
The PVC market atmosphere in Guangzhou is acceptable, the quotation is firm, and the individual quotation is still rising
.
The mainstream transaction price of ordinary type 5 calcium carbide is 5950-6010 yuan / ton self-pickup
.
The PVC market in Shantou remained temporarily stable, ordinary calcium carbide reported at 6000-6060 yuan / ton, Junzheng new factory 6060 yuan / ton, Tianhu / Haina 6000 yuan / ton, Xinfa 6020 yuan / ton, ethylene offer narrowly raised, Dagu 800 type reported 6430 yuan / ton, Dagu 700/1300 type reported 6480 yuan / ton
.
The PVC market in Changzhou is generally stable
.
The mainstream of ordinary type 5 calcium carbide is reported to be 5900-5950 yuan / ton, Zhongtai 5950 yuan / ton, Wuxi Tianye 5950 yuan / ton, Qilu source quotation is stable, Qilu material S1000 reported 6200 yuan / ton delivered, S700 reported 6200 yuan / ton delivery, the actual single talk
.
Merchant operations have increased, the mentality is still stable, downstream demand has not improved, and purchase is the mainstay
.
It is expected that the short-term PVC market will still operate at a high level
.
