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According to the data monitored by the cable network, the overall trend of the national PVC spot market in the first quarter showed a slight upswing
.
At the beginning of January, the spot price of PVC was 4716 yuan / ton, and by the end of March, the quotation rose to 5426 yuan / ton, up 710 yuan / ton, an increase of 15%.
Among them, in early January, PVC spot was not supported by the upstream calcium carbide ethylene market, coupled with the impact of market demand due to the New Year's Day holiday, so the lowest price in the market on January 4 was 4712 yuan / ton
.
With the end of the Spring Festival holiday, market practitioners have entered the market, the trading atmosphere has improved, the spot market has been boosted by upstream favorable factors, and market demand has performed well
.
Therefore, the spot market quotation continued to rise to 5426 yuan / ton at the end of March, and there is a trend of continued rise
.
The inventory of PVC market in various parts of the country is not high, the price increase sentiment of merchants is high, coupled with the good performance of downstream demand, it is expected that in the next quarter, PVC spot quotations will continue to rise
.