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On Friday, the domestic PVC market performed poorly, futures fell sharply, spot trading was flat, trading volume was low, merchants had a bearish atmosphere, and prices continued to fall
.
Intraday PVC opened high and low, continued the low consolidation trend, and fluctuated
in a narrow range near the 6000 integer mark.
In terms of the market, the market maintained a weak situation on Friday
.
Traders do not ship well, mostly wait and see, and make small concessions to facilitate transactions
.
The overall demand of downstream factories is limited, the support for the market is insufficient, and the actual transaction performance is average
.
Market reference: Hangzhou market quotation down, the current calcium carbide method 5 type material mainstream price is reported at 5900-6070 yuan / ton self-pickup; Shandong market offer continued to be lowered, Tianye 8 type reported 6330 yuan / ton; The Guangzhou market offer continued to fall, with Dagu 1300 at 6800 yuan / ton
.
Positive factors: PVC in the Beijing-Tianjin-Hebei region was affected by heavy pollution warnings, the start of construction was reduced by about 30%, Xinjiang Tianye was repaired for 10 days on 10 days, and Taizhou Liancheng was repaired by a line; In the later stage, there are still enterprises with maintenance plans, and the supply is expected to decrease
.
Negative factors: PVC enterprises have high inventory, some actively reduce prices and positions, and set prices according to volume; Merchants are not optimistic about the market and maintain a fast-forward and fast-out rhythm; The environmental protection inspection team set off another rectification storm, and the operation of downstream product factories was reduced; Futures were volatile to new lows
.
Last week, the domestic PVC market quotation continued to decline, and it is expected that today's PVC market quotation is still dominated by weak consolidation, with a finishing range of 30-50 yuan / ton
.