Today, the domestic PVC market prices continue to maintain low Pandie, because the demand for follow up slowly, the market turnover remains tepid, traders cautious, wait-and-see, the overall market supply is normal, the market situation is still deadlocked continuation.
North China: market of PVC paste resin in North China was still weak; the demand of PVC market in Shandong is still no progress; ordinary stone local market mainstream price concentrated in 6700-6900 yuan / ton range, the overall price is a mess, most companies still choose to discuss the shipment, actual meaningful quotation. 3 model material supply is less, slightly higher than the price of about 200 yuan / ton, export goods generally. Qilu ethylene is expected this week to maintain the trend of consolidation, Qilu Chemical City Qilu various materials generally offer in 6920-7020 yuan / ton, the business operation intention is not high, coupled with today's rainy days, turnover lighter. Qilu Chemical City PVC market rose slightly, Qilu material S700 reported 7070-7100 yuan / ton 6700, S1000 in 7000-7030 yuan / ton of 6630, QS1050P in 6970-7000 yuan / ton, supply is not much, the transaction is limited.
East China market: PVC market in East China still needs more general shocks, the market performance; PVC market in Zhejiang is still down channel, the ordinary type 5 electric stone to the mainstream offer in 6600-6800 yuan / ton, but there are also heard the price. 3 mainstream material sent to quote at 6800-7000 yuan / ton. The mainstream of ethylene feedstock to quote in 7300-7800 yuan / ton, the transaction is scarce, but heard that the local market, the number of inquiries increased slightly. Jiangsu PVC market quotation market chaos, the ordinary type 5 electric stone to the mainstream price in the 6600 yuan / ton, price 6700 yuan / ton, while the price of 6500 yuan / ton lot; 3 type material to the mainstream offer in 6800-6900 yuan / ton; ethylene material price is reduced, to offer in the mainstream 7000-7300 yuan per ton, price is very rare; the market supply is adequate, resource consumption is slow, delivery pressure is still in. Downstream receiving more cautious, expected short-term price difficult to stabilize, the end of the month the market operation still cautious.
Southern China area: the market price of PVC paste resin in Southern China continue to show a weak downward trend, gradually to the market supply; PVC market in Foshan is still relatively flat, no improvement in turnover; ordinary carbide method 5 type material market mainstream price concentrated in 6500-6600 yuan / ton, the market price is a mess, a hand is very limited. Ethylene material prices remained stable, the main focus in the 7300-7700 yuan / ton, Qilu material price is lower. The market PVC market in Shenzhen continues to consolidate, ordinary type 5 electric stone mainstream price concentrated in 6550-6700 yuan / ton, the market price is more, but the turnover follow up is limited; ethylene material price is relatively stable, at 7300-7700 yuan / ton, higher transaction reporting difficulty; downstream enterprises underemployment, on-demand procurement, market Xiaochan sporadic transactions more; the overall market inventory is still high; the market is expected to continue to maintain the pattern of shocks.
Analysis and Forecast: due to the downstream plant procurement, business mentality pessimistic; the recent market is difficult to improve, the market is expected to remain in the recent shock pattern, traders should be cautious and flexible operation.