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Market Forecast: Short-Term PVC Market Is Difficult To Change The Pattern Of Weakness
Jan 17, 2018

The domestic PVC market continued quiet, weak demand. Market participants wait and see mood is strong, the South China market affected by insignificant supply and insured in Inner Mongolia, the price slightly upward. Little reaction in other markets, trading is still deadlocked.Zinc alloy electroplate CNC turning product Bulk Production

 

On the spot market, the PVC market is flat and the price is steady and small. The PVC market in Hebei continues to be calm, weak in demand, weak in business and a temporary stability in the mainstream price. The main mainstream of the 5 type of electric stone is not to be tax of 4390-4470 yuan / ton, with tax of 4670-4750 yuan / ton. The PVC market in Guangzhou was calm and the businessmen were in a strong mood, and the quotations were slightly upwards. Ordinary type 5 electric stone mainstream price 4700-4730 yuan / ton from mentioning, Thailand, Tianye expected slightly higher. Hangzhou region PVC market performance is flat, dealers temporary steady price observation, the general exchange of investment, high prices of individual high prices. The main mainstream of the 5 type of ordinary stone material is 4630-4730 yuan / ton, and the price is high.

On Friday, the US crude oil futures concussion fell slightly. The settlement price of light crude oil futures delivered by New York Mercantile Exchange in December fell 0.15 dollars or 0.4%, to 40.39 dollars per barrel. The London exchange (ICE) Brent crude oil futures rose by $0.48 or 1.1%, to $44.66 a barrel.Aluminum electroplate custom cnc machining product Bulk Production

Downstream demand is insufficient to follow up, inquiries are poor, traders are pessimistic, heavy delivery pressure, the market is difficult to get rid of the decline. Expected short-term market weakness is hard to change the pattern of PVC.


  • Contact Us

    Add: 2F, Building A1, No. 276, E. Baoshi Rd., Baoan District, Shenzhen
    Tel: +86-755-27359623
    Mob: +8618516195475
    E-mail: sales@litongcnc.com


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