Analysis of PVC price of plastic raw materials on

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Analysis of PVC price of plastic raw materials on March 8

I. market overview

pvc market price high consolidation. Traders' mentality is peaceful for the time being, and they mostly follow the market, so the operation is dominated. Downstream factories continue to be cautious in receiving goods, and high-level transactions are poor

II. Overview of upstream market

the international crude oil futures price rose sharply on Monday. The settlement price of WTI light and low sulfur crude oil futures in April on the New York Mercantile Exchange (NYMEX) rose $1.98 to $37.90 a barrel, or 5.5%. The settlement price of Brent crude oil futures, the global benchmark in May on the London Intercontinental Exchange (ice), rose $2.12 to $40.84 a barrel, up 5.5% this year

on Monday (March 7), the price of ethylene in Asia was stable, and the price of CFR Northeast Asia was stable, closing at 1099 5 dollars/ton; CFR Southeast Asia prices remained stable at 1089 5 dollars/ton

III. local market conditions

market trading is flat, and the price is stable

Changzhou PVC market quotation remained high, the trading atmosphere was flat, and traders stood firm and waited. For type 5 ordinary electric stone, the mainstream self lifting is at yuan/ton, and higher reports are also available

the PVC market quotation in Shanghai is high and the shipment is average, but the order receiving cost is supported, so there is no room for profit in the transaction. The mainstream self offered quotation of type 5 is yuan/ton, and the low price is not much, but the high price exists

the PVC market atmosphere in Guangzhou is still good. Supported by costs, merchants' quotations have increased continuously. Although futures fell sharply, spot transactions were not significantly affected for the time being. The mainstream transaction price of ordinary type 5 electric stone is yuan/ton, and the price of Tianye is slightly higher

IV. the latest quotation and commitment to the application of expertise in materials to make customers' production and technological processes safer and more efficient

Shandong Yangmei Hengtong PVC inventory is not large. The quotation of HT ethylene method 1000 is 5300 yuan/ton in cash exchange, and some can be negotiated

Anhui HuaSu PVC Development Co., Ltd. has reached international standards in the research and development of many materials, and the price is acceptable, and the quotation is rising. The ex factory quotation of ordinary type 5 spot exchange is 5200 yuan/ton, and the actual order is negotiated to maintain normal shipment

PVC shipment of Inner Mongolia Wuhai chemical is acceptable, and the quotation is increased by 50 yuan/ton. The ex factory price of type 5 material is 4950 yuan/ton for acceptance

v. future forecast

the market performance is general, with light trading and poor high-level transactions. It is expected that the short-term PVC market will still be dominated by high-level consolidation

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