The end of November the PVC market mainstream stabilization
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Near the end of the month, businesses are actively contributing to profit and shipping. Downstream products companies have limited orders, replenishment is still on-demand, and overall turnover is stagnant. At present, the mainstream price of vinyl material is 6800-6900 yuan/ton, and the mainstream price of 5 type stone material is 6800-6900 yuan/ton. The actual transaction can be negotiated.
Second, the upstream market summary Monday, New York crude oil ** closed down 0.6% to 87.74 US dollars a barrel, reversing the previous rally for the previous two trading days, mainly due to traders are paying attention to Greece and the Middle East to find out about crude oil demand and supply Prospect clues. The price of Brent crude oil in the North Sea for December delivery on the London ICE Europe ** Exchange fell 46 cents to US$110.92 per barrel.
On Monday (November 26), ethylene in Asia fell partially, CFR Northeast Asia fell 3 to 1164-1166 US dollars / ton, CFR Southeast Asia 1142-1144 US dollars / ton.
Third, the local market quotes PVC market price stability today, trading is flat, the adjustment is limited.
The PVC market in Guangzhou is proceeding steadily, and the overall digestive capacity has been limited. The price of ordinary electric stone is 6400-6450 yuan/ton, Yihua is 6380 yuan/ton, and vinyl material is 6600-6750 yuan/ton.
The fundamentals of the PVC market in Shanghai were weak and the volume was light. The price of various ordinary stone materials is 6350-6400 yuan/ton, and Beiyuan is 6360 yuan/ton. The price is still low at slightly lower prices, and the ethylene material is stable. The quotation is 6400-6700 yuan/ton, and the implementation is slightly flexible.
Hangzhou PVC market sideways, trading atmosphere is light. The price of various ordinary stone materials is 6350-6420 yuan/ton, Jintai is 6400 yuan/ton, North yuan and Yili are 6380 yuan/ton, Tianchen and Tianneng are 6420 yuan/ton, Tianye 3 material 6520 yuan / ton, the implementation of a little flexible, Taiwan Plastics reported to 6700-6750 yuan / ton.
Fourth, the latest offer in Tianjin chemical PVC offer slightly reduced 50 yuan, the device starts 6-7 percent, high model local factory reported 6450 yuan / ton cash, export 100 yuan / ton.
Shandong Xinfa PVC quotation slightly reduced by 6 yuan, the device is operating normally, today the latest price of PVC electronic disk 10 points 6248, the highest price of 6258, the lowest price of 6246, the average price of 6250.
Shenma Zhenghua Chemical PVC quoted steady, device starts 7-80%, 5 type electric stone quoted in 6300 yuan / ton cash, 3 type high 100 yuan / ton, 2500 type reported 7,600 yuan / ton acceptance, the implementation of a little flexible.
V. After the market predicts that no major changes have taken place in the external environment, taking into account the cost support and the contradiction between supply and demand, merchants have a more complex operating mentality and maintain a wait-and-see attitude. The replenishment of downstream users is still not active, and it is still mainly used to keep up with the demand. The transaction atmosphere is light. If there are still no positive factors to support in the later period, it is expected that the PVC market will still have a possible downtrend in the short term.