The hottest PVC market showed steady performance a

[PVC] the market performance is stable, and the trading atmosphere is relatively cold. Upstream enterprises still have the intention to pull up, and some traders' high reports are obvious, but the fundamentals of futures contracts are still weak, and the support for spot is not high. In addition, due to the typhoon in East China, Shanghai and Hangzhou, some warehouses will not take delivery of goods temporarily, and the market is still under pressure

II. Brief introduction to the upstream market

the United States announced that crude oil inventories would be reduced again. Coupled with the political instability in the Middle East, it also put pressure on crude oil supply, and crude oil futures prices rose significantly. The price of September futures oil in New York rose $1.47, or 1.6%, to $93.67, and fell 0.34% in electronic trading from a two-month high. Brent September futures prices rose $2.45, or 2.2 percent, to $112, the highest since May

on Tuesday (August 7), in the Asian ethylene Northeast Asia market, CFR Northeast Asia closed up 5 dollars/ton to US dollars/ton, while the Southeast Asia market performance was calm, and CFR Southeast Asia continued to close flat at US dollars/ton. Recently, China's coastal areas have been pushed up by sellers' reluctance to sell at low prices, and the market trading atmosphere is slightly better than that in the early stage. Used in building structures

III. local market conditions

today's PVC market offer is mainly stable. Businesses follow the market, and downstream end enterprises still focus on using and purchasing, with light market transactions

the PVC market in Linyi is generally performing, and the demand is followed up on demand, mainly small orders. Today, the mainstream of ordinary 5-type electric stone in the market is self delivery of yuan/ton, and most letters are sent at 6030 yuan/ton for negotiation. Dongyue material is slightly higher than 6050 yuan/ton, which can deliver plastic materials used in a wide temperature range and a more harsh chemical and physical environment, and some sources outside the province are as low as 6000 yuan/ton, which can be sent to factories. (all the above quotation excluding tax)

there are few downstream inquiries in the PVC market in Henan, the trading atmosphere remains light, and the quotation of traders is mainly stable. The mainstream quotation of type 5 ordinary electric stone excluding tax is 5950 yuan/ton, and the slightly higher and lower prices still exist

the overall sales of PVC market in Shanghai are light and stable, the atmosphere in the venue is relatively light, the local typhoon affects, the traders' quotation is not much, and the firm negotiation is the main. In today's market, the mainstream quotation of carbide method five type materials is yuan/ton, and the high-end materials are mostly/Yushe/Junzheng, Beiyuan reported to be 6450 yuan/ton, Zhongtai reported to be 6450 yuan/ton, and aerospace materials were 6480 yuan/ton for self delivery

IV. in terms of the latest quotation,

the PVC production enterprises in Henan Province have relatively stable start-up, and the overall inventory pressure is not large. At present, the mainstream price of local ex factory spot exchange self delivery of type 5 ordinary calcium carbide is yuan/ton, and individual quotations are slightly higher

Shanxi Yushe PVC plant is normally produced, and the sales of enterprises are mainly stable. Sometimes, in order to reduce the weight, the first five types of aluminum alloy and other non-ferrous metals and special metals are also used. The local factory delivery is 6200 yuan/ton (cash exchange), and the East China implementation is 6450 yuan/ton (ex warehouse). The high price transaction resistance is large, and the firm offer is negotiated

at present, 50% of Shanxi Yangmei chlor alkali PVC is under construction, and the enterprise mainly focuses on maintaining stability. Calcium carbide method type 5 material is subject to 6350 yuan/ton (acceptance), large order discount is 50 yuan/ton, and spot exchange is slightly lower than 150 yuan/ton, mainly through solid negotiation

v. future market forecast

crude oil and futures slightly boosted the mentality, the external offer was strong, the downstream and merchants were still cautious in short-term trading, and the active market in the short term still needs attention. Upstream enterprises have increased production restrictions and value preservation, the inventory pressure has eased slightly, and the inventory in the hands of dealers has remained at a normal level. However, due to the low season of the industry as a whole in August, the market is unlikely to be driven by this. It is expected that the recent consolidation of PVC market is still the mainstream pattern, and the rebound space is limited

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