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Sales were average; the rise in the PVC market was rather weak. June 20, 2016, China Chemical Products Network. I. Market Overview: On June 17, U.S. WTI crude oil futures for July rose by 1.77% to $47.98 per barrel, after falling by 2.12% this week. August futures for Brent crude rose by 1.98 to $49.17 per barrel. Today, the domestic PVC market showed a slight recovery; driven by upward trends in the commodity market, prices in the East China region increased slightly, with fewer low-priced offerings available ； Traders in South China and other regions are highly cautious, resulting in little fluctuation in market prices. Driven by the bulk market, it is expected that low prices in the PVC market will continue to decline tomorrow. II. Upstream raw materials: On June 17, Asian ethylene prices showed mixed trends; CFR Northeast Asia increased by 10 dollars, reaching 1,049.5–1,051.5 dollars per ton, while CFR Southeast Asia decreased by 5 dollars, settling at 1,039.5–1,041.5 dollars per ton. The sales performance of calcium carbide manufacturers is average, with many companies experiencing an increase in the time required for unloading at downstream locations. Local calcium carbide ex-factory prices: The mainstream ex-factory price of calcium carbide in Wuhai and Ordos areas in Inner Mongolia is 2100–2150 yuan per ton ； The ex-factory price of calcium carbide in the Shizuishan area of Ningxia is 2,150–2,200 yuan per ton ； The price in the Zhongwei area is 2,200–2,250 yuan per ton ； Shaanxi region: ex-factory price of 2,100–2,170 yuan/ton ； In Gansu region, it is 2,200–2,250 yuan per ton. III. Corporate Updates: Quotations from calcium carbide-based PVC manufacturers have seen slight declines in some cases. Type 5 ordinary calcium carbide material: the mainstream price at manufacturers in the surrounding areas of Inner Mongolia is 4,950–5,050 yuan per ton ； The mainstream acceptance price in Shandong region is 5,140–5,300 yuan per ton at the factory exit ； The mainstream ex-factory price in Hebei region is 5,150–5,250 yuan per ton on credit ； In the Shanxi region, the standard ex-plant price is 5,150–5,250 yuan per ton, payable upon acceptance. The prevailing delivery price for enterprises using the ethylene method in East China is 5,600–5,650 yuan per ton. Overall, domestic PVC manufacturers using the ethylene process are currently mostly operating at a stable level. Currently, in the North China region, the price at the factory for products from Qilu Petrochemical, Tianjin Dagu, and LG Dagu is 5400–5600 yuan per ton. In the East China region, the delivery price is 5600–5700 yuan per ton. For Formosa Plastics in Taiwan, the quote for June is 800 US dollars per ton CFR the main ports in China. IV. Market Trends: Domestic PVC market price quotes. Unit: Yuan/ton. Product, Model, East China, Price Change, South China, Price Change, North China, Price Change. Calcium carbide-based material, SG-5: 5180–5280, 0; 5180–5280, 0; 5090–5130, 0. Ethylene-based material: 1000, 5600–5650, 0; 5600–5650, 0; 5350–5450, 0. For ordinary Type 5 calcium carbide-based materials in East China, the prevailing price is 5180–5280 yuan/ton. Reference prices: Zhongtai at 5150 yuan/ton, Junzheng at 5150 yuan/ton, Yushè, Shengxiong, and Beiyuan at 5180 yuan/ton, and Tianhu and Dongfang Hope at 5220 yuan/ton ； Tianye Type 5 costs 5,280 yuan per ton, while Type 3 costs 5,450 yuan per ton. The prices for ethylene materials from companies such as Dagu, Liancheng, Hanhua, and Qilu are reported to be between 5,550 and 5,600 yuan per ton. In the North China PVC market, at Qilu Chemical Industry City, the price of Qilu S700 is 5,550 yuan per ton, while the price of S1000 is 5,450 yuan per ton, with delivery available upon pickup. Calcium carbide material is delivered at 5,050–5,150 yuan per ton. Delivered in Linyi area at 5,140–5,170 yuan per ton. Hebei: 5,100 yuan per ton, pick up in person. In the Tianjin area, the price is 5,120 yuan per ton for pickup from the warehouse; for various models in Tianjin’s Dagu area and LG, the price is 5,600–5,650 yuan per ton for pickup. In the South China PVC market, the mainstream pricing for type 5 calcium carbide process is 5,180–5,280 yuan per ton; Zhongtai charges 5,220 yuan per ton, Junzheng 5,250 yuan per ton, Ordos 5,230 yuan per ton, Yili 5,280 yuan per ton, Tianhu 5,190 yuan per ton, Dongfang Hope 5,210 yuan per ton, Yanhu 5,180 yuan per ton, Shengxiong 5,200 yuan per ton, and Beiyuan 5,250 yuan per ton ； Tianye Type 5 costs 5,380 yuan per ton, Type 3 costs 5,480 yuan per ton, and Type 8 also costs 5,480 yuan per ton ； Dagu 1000/800/700 is priced at 5,550–5,600 yuan per ton ； The Dagu 1300 model is priced at 5,800 yuan per ton. V. Transaction Review: Today, the PVC market trends at the Plastics Exchange were mixed, with transaction prices varying across different regions. The PVC market in the futures sector has seen a strong rebound, which has greatly boosted the confidence of market participants. However, weak demand at the end-user level and low trading volume have resulted in a somewhat sluggish pace of price increases. Looking at market trends, spot PVC prices closed higher in all regions except South China and East China, where they declined; trading was strong in South China while it was relatively weak in the other areas ； By the close, the South China settlement price for June was 5,220 yuan per ton (the same unit applies below), a decrease of 50 yuan ； The settlement price in East China is 5,230 yuan, a decrease of 30 yuan ； The settlement price in North China is 5,210 yuan, up by 10 yuan ； The settlement price for the ethylene method is 5,610 yuan, an increase of 10 yuan. Fundamentally, the domestic PVC market showed a slight improvement today; driven by upward trends in the commodities market, prices in the East China region rose slightly, with fewer low-priced offerings available ； Traders in South China and other regions are highly cautious, resulting in little fluctuation in market prices. The PVC market on the plastic exchange is expected to show volatile consolidation in the short term. VI. Future Outlook: Today’s strong upward trend in the PVC futures market has greatly boosted the confidence of market participants. PVC prices have returned to stability, with low prices gradually decreasing. If the PVC futures market continues to show a positive trend tomorrow, it is possible that market traders will raise their prices in line with this trend; therefore, it is expected that PVC prices will rise slightly tomorrow.