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Since the Spring Festival in 2021, driven by the bull market of the collective rise of chemical commodities, the domestic PVC market has risen rapidly, the center of gravity has continued to move upward, futures and spot have once again joined hands to rush to the 9,000 yuan / ton mark, and the industry has entered the market actively under the mood of "buying up, not buying down", and the market is improving
.
In March, affected by the dual control policy of energy consumption in Inner Mongolia, raw material calcium carbide hit a 10-year high, with strong cost support, and PVC exports were better, and the market was stronger, helping PVC prices to continue to rise, and futures prices rose to a new high in nearly 10 years, which can be described as a rapid rise
.
In the second half of the year, the PVC market pulled back to the high, and prices continued to decline, waiting for demand to follow.
Near the end of the month, PVC stopped falling and rose slightly, but the rally was fleeting, and prices were generally lowered
everywhere.
At present, the downstream is not highly motivated to purchase high-priced PVC, the transaction atmosphere is tepid, bargain hunting, wait-and-see, but just need is still there
.
The price of raw calcium carbide continued to fall, the cost support gradually declined, the plate weakened, and the spot market price loosened
.
In terms of spot, the mainstream quotation range of domestic PVC5 calcium carbide is around 8700-8900 yuan / ton
.
The range of PVC5 calcium carbide in Hangzhou is 8600-8800 yuan / ton, and the price has retreated; The mainstream of PVC5 calcium carbide in Changzhou is 8700-8850 yuan / ton, and the price has retreated; The mainstream price of PVC ordinary calcium carbide in Guangzhou is 8700-8820 yuan / ton, and the price has retreated; Market quotations in various places have declined
to varying degrees.
At present, the cost price has fallen, and the high price transaction is flat, in the short term, the trend of PVC is more volatile, the price continues to decline, but the price of raw materials is difficult to quickly fall back to the previous level, so the cost support remains, while downstream demand is gradually following up, and PVC companies are about to enter the maintenance season, the supply side is expected to tighten, favorable factors are superimposed, and there is no lack of opportunities for PVC to rise in the market
.
