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    Home > Chemicals Industry > New Chemical Materials > PVC is still expected to rise and is dominated by high volatility

    PVC is still expected to rise and is dominated by high volatility

    • Last Update: 2022-12-20
    • Source: Internet
    • Author: User
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    Entering December, the PVC market has been on an upward trend, now up more than 6&, up more than 20% year-on-year, the current price has broken through the bottleneck of 8,000 yuan / ton, and there are still upward expectations, the spot market is generally above 8,500 yuan / ton, touching 9,000 yuan / ton, the basis is large
    .
    On the 10th, the PVC market continued to rise, and the company rose by 100-200 yuan / ton, and the increase in the week was 200-300 yuan, and the market low-price supply was nearly nothing
    .

    PVC

    This week's market upward atmosphere is not reduced, corporate shipments are more nervous, the market shortage is serious, manufacturers' inventory is not pressured, the mentality is good, some closures are suspended, and the focus of trading is upward
    .
    At present, the tight supply of goods has not changed, the price of raw material calcium carbide has risen, PVC positive support continues, spot prices continue to rise, driving the plate to strengthen, but the downstream resistance is strong, the acceptance of high-priced PVC is limited, coupled with the impact of the consumption off-season, the demand side support is gradually weakened, so the upside space in the market is limited
    .

    In terms of spot, the mainstream quotation range of domestic PVC5 calcium carbide is around 8350-8750 yuan / ton
    .
    The mainstream of PVC5 calcium carbide in East China is around 8850-9000 yuan / ton, the mainstream of PVC5 calcium carbide in Hebei is 8620-8720 yuan / ton, and the price of Inner Mongolia source ex-factory factory including tax is 8400-8500 yuan / ton; The PVC5 calcium carbide range in Hangzhou is 8880-9050 yuan / ton, the mainstream of PVC5 calcium carbide in Changzhou is 8900-9100 yuan / ton, and the mainstream price of PVC ordinary calcium carbide in Guangzhou is 8850-9000 yuan / ton, and the quotations in various places continue to rise
    .

    In terms of futures, PVC futures prices have continued to rise recently, breaking through 8,000
    .
    The main contract of PVC futures 2101 opened at 8120 yuan / ton today, closing at 8200 yuan / ton, up 2.
    63%, yesterday's settlement price was 7990, the trading range was 8085-8420 yuan / ton, the transaction was 340,000 lots, and the position decreased by 30,500 lots to 200,000 lots
    .

    At present, the tight supply of goods has not changed, the price of raw material calcium carbide has pushed up, PVC support continues, spot prices continue to rise, driving the plate to strengthen, in the short term PVC market is running strongly, there are still upward expectations, high volatility is dominant
    .

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