The PVC market performance is weak, and the wait-and-see atmosphere is strong

Upstream market: International crude oil futures market prices fell, with NYMEX July WTI crude oil futures settling down 19 cents, or 0.
4%,
at $48.
88 a barrel.
The August Brent crude futures on the Intercontinental Exchange in London also fell 19 cents, or 0.
4 percent
, to $50.
35 a barrel.
Asian ethylene market prices partially fell, CFR Northeast Asia prices fell $5 to close at $1039.
5-1041.
5 / ton; CFR Southeast Asia prices held steady at $1044.
5-1046.
5/mt
.

Spot market: The PVC market in Hebei is trading flat, there is resistance in shipments, and the quotation is negative
.
Ordinary type 5 calcium carbide is sent without tax 4750-4820 yuan / ton, including tax 5060-5130 yuan / ton is delivered, higher prices are also available, but the transaction is limited
.
In order to facilitate transactions, traders in Changzhou PVC market continued to make profits and shipments, and quotations fell
again.
Type 5 ordinary calcium carbide, the mainstream self-pickup is 5150-5200 yuan / ton
.
The PVC market in Guangzhou did not ship well, traders gave in narrow margins, and some quotations still fell
.
The mainstream transaction price of ordinary type 5 calcium carbide is 5190-5240 yuan / ton self-pickup, and the price of Tianye is slightly higher
.

The downstream demand side is still weak, the wait-and-see atmosphere is strong, and the trading performance is not satisfactory
.
It is expected that the short-term PVC market is mainly dominated by weak
finishing.