Downstream demand gradually decreases PVC in the short term or slightly fluctuates downward

The center of gravity of the PVC spot market fell sharply during the day, the futures market was weak and volatile, the maintenance of manufacturers was basically over, coupled with the commissioning of new production capacity, inventory increased, sales were slightly pressured, and quotations were lowered with the market; Downstream demand is gradually decreasing, procurement enthusiasm is low, high prices are resistant, and wait-and-see is the mainstay
.
The domestic mainstream price within the day, calcium carbide method price is 7500-7820 yuan / ton, ethylene method price is 7920-8140 yuan / ton
.

Hangzhou market quotation downward, the mainstream at 7700-7900 yuan / ton; The spot quotation of PVC in Changzhou market continued to decline, and the quotation range of each brand of calcium carbide five-type material dropped to 7700-7950 yuan / ton; Guangzhou PVC market is under pressure downward, calcium carbide method 5 spot reference quotation 7950-8100 yuan / ton spot exchange; The price in Hebei market was lowered, the freight price from Inner Mongolia to Hebei increased by 30 yuan / ton, and the mainstream quotation of 5 type materials in Hebei was 7650-7750 yuan / ton including tax; Linyi PVC market is weak and downward, high-end prices are reduced, and the 5-type source price is about 7800-7880 yuan / ton
.

At present, the spot basis of PVC futures is still high, the spot arrival volume increases, with the transformation of supply and demand, the spot market price is still weak, and the basis will continue to repair
.
In addition, although the prices of raw materials calcium carbide and ethylene are consolidating at a high level, due to insufficient demand, it is expected that PVC prices will still have a slight downward trend in the short term
.