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On Tuesday, the PVC market sentiment was good, and the mainstream quotations were stable
.
However, downstream users are mostly wait-and-see, their enthusiasm for entering the market is limited, and the overall transaction is average
.
Upstream market: Oil prices rose for the third day in a row, with U.
S.
crude futures up $1.
25, or 2.
8 percent, closing at $
45.
74 a barrel.
Brent crude futures rose $1.
38, or 2.
94 percent, to close at $
48.
35 a barrel.
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 market traded flat, and prices were stable and small
.
The PVC market quotation in Hangzhou is firm, the low price continues to decrease, and the overall quotation center continues to move
upward.
Type 5 ordinary calcium carbide mainstream self-reported 5950-6020 yuan / ton
.
The PVC market atmosphere in Hebei is acceptable, the transaction is stable, the supply is not much, and some prices have increased
slightly.
Ordinary type 5 calcium carbide is delivered without tax 5370-5460 yuan / ton, including tax 5760-5850 yuan / ton
.
The PVC market in Guangzhou has a good atmosphere, stable transactions, not many supplies, cost support, and mainstream prices of 20 yuan / ton
.
The mainstream transaction price of ordinary type 5 calcium carbide is 5900-5950 yuan / ton self-pickup
.
Downstream procurement is currently on demand, merchants continue to wait and see, actual operation is cautious, and the overall trading performance of the market is average
.
It is expected that the short-term PVC market will remain mainly at a high level
.