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On Wednesday, the trading atmosphere in the domestic PVC market was general, high-priced shipments continued to be blocked, and individual PVC traders pulled back prices and narrowly made concession shipments, but the margin was limited
.
The quotations of upstream manufacturers were basically stable, and individual manufacturers pulled back prices
.
The spot market traded flat, and prices were stable and small
.
The trading atmosphere of the Shanghai PVC market is general, the high-price shipments are not smooth, the quotation is lowered, and there are not many low-end supplies, so it is difficult to have downward space
.
The mainstream self-pickup quotation of type 5 is 5420-5530 yuan / ton, and higher quotations are also difficult to trade
.
Hangzhou PVC market atmosphere is still flat, traders actively stabilize price shipments, downstream orders are general, narrow profits promote transactions
.
Type 5 ordinary calcium carbide mainstream self-pickup quotation 5380-5520 yuan / ton
.
The PVC market in Guangzhou is calm and the transaction is average, but with the digestion of low prices in the early stage and the support of costs, low-priced goods are still decreasing
.
The mainstream transaction price of ordinary type 5 calcium carbide is 5440-5480 yuan / ton self-pickup, and the price of Zhongtai / Tianye is slightly higher
.
Upstream market: Oil prices edged higher on Tuesday, with benchmark U.
S.
crude futures on the New York Mercantile Exchange pulling up late in the day, closing up 0.
5 percent at $35.
89 a barrel
.
Brent crude futures, the global benchmark on the European ICE futures exchange, rose 0.
5 percent to $37.
87 a barrel
.
Asian ethylene market prices fell, CFR Northeast Asia prices fell $5 to close at $1199.
5-1201.
5 / ton; CFR Southeast Asia prices fell $5 to settle at $1154.
5-1156.
5/mt
.
The domestic PVC market fluctuates in a narrow range, the trading atmosphere of the PVC market in East China and North China is general, the high-price shipment is not smooth, the quotation falls slightly, the low-end supply of the market is not much, and it is difficult to have downward space
.
The PVC market in South China is mainly stable, the market wait-and-see atmosphere is strong, and the merchants operate cautiously
.
Traders quote more with the market, downstream demand maintains a light pattern, more hold a wait-and-see mentality, and the transaction is limited
.
It is expected that the short-term PVC market price will remain stable
.
