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The PVC market remained firm
.
Most traders are cautious, and downstream factories are generally procuring
.
Upstream market: U.
S.
WTI crude oil September futures closed up $0.
84, or 1.
84%, at $46.
58 a barrel
on Tuesday (Aug.
16).
Brent crude October futures closed up $0.
88, or 1.
82 percent, at $49.
23 a barrel
on Tuesday.
Asian ethylene market prices held steady, CFR Northeast Asia prices held steady to close at 1099.
5-1101.
5 US dollars / ton; CFR Southeast Asia prices held steady at $1049.
5-1051.
5/mt
.
The PVC market atmosphere is better, and some transaction prices have increased
slightly.
The PVC market in Changzhou has not changed much, and traders have not many supplies, and they are shipped at high prices
.
The PVC market atmosphere in Guangzhou is better, the transaction is stable, the supply is not much, and some transaction prices have increased
slightly.
The PVC market in Qilu Chemical City is not much in supply, the merchant mentality is acceptable, the price of calcium carbide continues to rise, and the real market can be negotiated
.
The PVC market continues to maintain a strong pattern
.
Traders' mentality is calm for the time being, and more accompanying market operations are the mainstay, downstream factories continue to receive goods cautiously, and high-level transactions are not good
.
It is expected that the short-term PVC market will remain mainly at a high level
.