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In the last trading day, the domestic PVC market continued to weaken the finishing trend
.
The prices of upstream raw materials ethylene and calcium carbide are loose, and the demand for downstream pipes and profiles is weak
.
South China traders individual quotes loosened
.
In terms of news, Guangdong launched a special supervision action for air and water pollution prevention and control in June, and the downstream demand for PVC in the southern region will be limited
.
Today's PVC market rose slightly by 0.
51%, not enough to boost the market, merchants generally wait and see the future market, it is expected that the PVC market in the short term will be mainly volatile
.
East China is expected to be around 5850-5950 yuan / ton for self-pickup
.
In terms of spot market, Shanxi Huojiagou PVC plant opened 80%, type 3/8 6,000 yuan / ton spot exchange, acceptance high 80 yuan / ton; Shandong Xinfa PVC 600,000 tons/year plant started full load, calcium carbide method 5 type material 5720 yuan / ton spot exchange; Shandong Dongyue's 120,000 tons/year PVC plant is basically running at full load, the supply is limited, and the factory report of 5 types of material is 5850 yuan / ton in cash
.
On the whole, merchants lack confidence in market transactions, and mainly wait and see for price stability in the future market
.
It is expected that in the next trading day, PVC market quotations will continue to be weak
.