Small fluctuations in the PVC market wait and see mood is not diminished

First, the market briefly described today's PVC market prices fluctuated slightly. The time for the centralized inspection and repair of PVC production companies is approaching, and the pressure on the supply of goods in the market is expected to ease. Marketers are cautiously bullish on the market outlook. However, at present, there is still no sign of improvement in downstream demand. Market traders will be able to flexibly ship with the market, and there will be no significant change in overall transaction volume.

Second, the upper reaches of the market briefly on the New York Mercantile Exchange, crude oil prices rose slightly on February 29, ignoring the impact of higher than expected US crude oil inventory growth. Crude oil inventory data shows that US crude oil demand is weak. NYMEX crude oil for April delivery closed 52 cents, or 0.5%, at $107.07 a barrel.

On Wednesday, Asian ethylene market prices in Southeast Asia stabilized, CFR South East Asia closed at 1380.5-1383.5 US dollars / ton; CFR Northeast Asia averaged at 1279.5-1281.5 USdollars / ton, spot trading atmosphere returned to rationality slightly, downstream polyethylene and other markets are still uncertain , Poor demand support, firm trading volume is sparse.

Third, the market conditions around the PVC market atmosphere slightly improved today, turnover is still normal, mainstream trading price fluctuations are not.

The market sentiment in PVC in Shantou region improved slightly, and transactions continued to follow. Participants had a strong wait-and-see attitude and a small amount of low-end material was slightly reduced. Ordinary type 5 electric stone mainstream 6650-6690 yuan / ton since the mention.

Linyi PVC market continues to be stable, the business mentality slightly improved, the market cost is higher, low-cost goods are limited, the mainstream price is temporarily stable, the current mainstream type 5 electric stone does not include taxes in the mainstream 6180-6220 yuan / ton.

Guangzhou PVC market sentiment improved slightly, low-priced goods decreased, and some businesses tentatively reported high 20-30 yuan / ton, but the transaction follow-up is still not reflected, the participants are still cautious. Ordinary type 5 calcium carbide reported 6650-6680 yuan / ton since the mention.

Fourth, the latest quotation Hebei Jinniu PVC plant started at full capacity, quoted stable, 1000 type reported 7,000 yuan / ton acceptance, 700 and 800 reported 7,100 yuan / ton acceptance, the supply is small, some transactions can be discussed.

Liaoning Jinxi Chemical PVC plant starts at about 80%, and the current type 5 local factory price is 6,700 yuan/ton. The actual transaction price can be discussed. The sales are general and the inventory is acceptable.

Sichuan Leshan Yongxiang PVC plant started 6-7 percent, quoted stable, 5-type material Chuannan reported to 6,850 yuan / ton. Not much goods, the actual transaction price negotiations.

5. Market Forecast Real Estate Control The country will continue its pre-regulatory policies in the short term, and will not loosen; and most of these factors are still under construction due to capital shortages and national controls. Short-term investment enthusiasm is worse than before. As a result, the demand for PVC has been gradually reduced, which has hindered the market from going ahead. The market will remain stalemate tomorrow, and cautious wait-and-see mood will continue to diminish.