China PVC market
Date: May 5th, 2010 1:52:03 am - Subscribe
Mood: meh

South China PVC market is calm, trading atmosphere is still poor, the message is dull, trarders keep wait-and-see and the price volatility is limited.The low-end mainstream 5-type material is 7,450 yuan / ton, and the high-end materials reported 7530-7550 yuan / ton; ethylene material 1000 is 7650-7700 yuan / ton, slightly higher model plus 50-100 yuan / ton. The confidence of market is lack, business' operation follow the market.

Conclusion: The debt crisis escalated in Europe, European and American stock markets plunged across the board. PVC futures' up run is blocked under the influence of the raised deposit reserve ratio, continue weak consolidation.

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