The hottest price line of plastic raw materials PV

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Analysis of PVC price of plastic raw materials on May 24, 2016

I. brief introduction of the market

pvc market offer is stable. The mentality of merchants is stable, but the terminal demand continues to be flat. It is mainly cautious to wait and see, and the firm offer transaction is general

II. Overview of the upstream market

crude oil futures fell on Monday. The settlement price of WTI crude oil futures for July delivery on the New York Mercantile Exchange (NYMEX) fell 33 cents to $48.08 a barrel, down 0.7%. The settlement price of July Brent crude oil futures on the London Intercontinental Exchange (ice) fell 37 cents, or 0.8%, to $48.35 a barrel. Test standard of welding chain bearing capacity testing machine

on Monday (May 23), the market price of ethylene in Asia fell, and the price of CFR Northeast Asia fell by $20 to close at 1 Changxing UV curing resin 149 5 dollars/ton; CFR Southeast Asia prices fell $5 to close at 1129 5 dollars/ton

III. local market conditions

market trading is flat, and the price is stable and small

the PVC market quotation in Hangzhou is very high. Although the shipment is poor, the inventory pressure is not great, and the replenishment cost is rising. Traders have little intention of short-term price reduction and shipment, so the price is on the sidelines. The mainstream self raised quotation of type 5 ordinary electric stone is yuan/ton, and there are also slightly higher quotations

the atmosphere of PVC market in Hebei is calm. C) during normal production, it should be carried out once every six months; The mainstream price is stable. The mainstream of ordinary type 5 electric stone materials does not include tax yuan/ton, but includes tax yuan/ton, and higher quotations are also available

the PVC market atmosphere in Guangzhou is calm, the transaction is general, and the mainstream price fluctuation is limited. The mainstream transaction price of ordinary type 5 electric stone is yuan/ton, and the price of Tianye is slightly higher

IV. in terms of the latest quotation,

Shandong Xinfa PVC shipments are general, and the price is stable. At present, the ex factory price of type 5 materials is 5140 yuan/ton in cash exchange

the quotation of 450000 tons of PVC from Taizhou Liancheng is stable. US60 sends East China at 5850 yuan/ton, US65 sends East China at 5800 yuan/ton, US70 sends East China at 5900 yuan/ton, and USD offers 820 dollars/ton FOB. The actual transaction is negotiable

Qilu Petrochemical PVC transaction is general and the quotation is stable. S-700 is quoted at 5600 yuan/ton, S-1000 is stable at 5500 yuan/ton, and some transactions are negotiable

v. future market forecast

traders operate step by step, have a cautious attitude, and downstream demand has not been particularly improved. They mainly buy with use. It is expected that the short-term PVC market will be dominated by stable consolidation

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