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The PVC market rose in February, and the post-holiday rally was strong, with an increase of about 23%
for the whole month.
Before the Spring Festival, the PVC market rose, but on the eve of the holiday, most of the downstream stopped work for the holiday, demand decreased, PVC manufacturers started relatively stable, the market supply was sufficient, so the increase was not large
.
After returning from the holiday, crude oil led the energy and chemical sector to rush forward, PVC was not to be outdone, actively increased, the first week after the holiday rose 3.
74%, some companies closed the market and stopped waiting to see the market
.
Entering this week, PVC futures station to above 8600 yuan / ton, driving the spot market to rise in a large area, the previous suspension of enterprises have recovered one after another, and high prices are frequent, now the mainstream area quotation (calcium carbide SG5) has risen to 8600-8950 yuan / ton, 8 type rose to 9000 yuan / ton, just a few days after the holiday, enterprises raised more than 1,000 yuan, and the price sentiment is still strong
.
As of the 24th, the average price of PVC mainstream soared by 20.
07% in 7 days, and the industry actively entered the market under the mentality of buying up rather than buying down, and the market was sunny
.
At present, the downstream has been reworked one after another, the downstream enterprises have started work earlier than in previous years, the demand side support is gradually strengthening, and the demand needs to be replenished just after the holiday, and the demand has increased
.
At the same time, due to the tight supply of international sources due to force majeure factors, the warmth of PVC exports, and the rise in the price of raw calcium carbide, the trend of PVC may be strong and
upward.
