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The PVC market extended its downward trend last week, and the price rose slightly near the end of the week
.
This round of rise is mainly driven by the plate, futures prices soared, boosting market sentiment, and raw material prices rising, market trading atmosphere has turned good, and other benefits support the current PVC price to stop falling and turn up
.
In recent days, the price of goods continued to fall to suppress market sentiment, PVC prices fell again and again, and the offer of holders continued to decline, with prices as low as 9,000 yuan
.
Near the weekend, PVC futures rose 7%, boosting the spot market, the price rose 1.
22% from the previous day, the company raised the range of about 50-200 yuan / ton, the current quotation is mostly in the range of 8900-9600 yuan / ton, some companies closed the report, the market rebounded and rose
.
At present, the downstream demand is general, but the price of PVC continues to decline, the demand for bargain replenishment increases, and under the mentality of buying up and not buying down, the market trading atmosphere has turned good, coupled with the rise of raw calcium carbide to 5200 yuan / ton, and there is an upward trend, the cost support is gradually strengthening, and the PVC market is picking up
.
In terms of market, at present, the quotation range of domestic PVC5 calcium carbide enterprises is around 8900-9600 yuan / ton, and the range of PVC5 calcium carbide in Hangzhou is 9150-9500 yuan / ton; The mainstream of PVC5 calcium carbide in Changzhou area is 9500-9600 yuan / ton; The mainstream price of PVC ordinary calcium carbide in Guangzhou is 9660-9760 yuan / ton, and the price of domestic markets has rebounded and risen
.
The data shows that currently CFR China is down 160 US dollars / ton at 1490 US dollars / ton, CFR Southeast Asia is down 200 at 1550 US dollars / ton, CFR India is down 190 US dollars / ton 1710 / ton
.
Taiwan's PVC quotation for December was lowered by $150/ton, FOB Taiwan at $1460/ton, CIF China at $1490/ton, CIF India at $1710/ton
.
At present, the operating load of PVC enterprises has increased to a certain extent, the output has increased, the market trading atmosphere has turned good after the price has fallen, coupled with the small increase in the price of raw material calcium carbide, the cost support has gradually increased, and the bearish stumbling factors have gradually weakened, and it is expected that the PVC market will be strongly volatile in
the short term.
