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This week, the domestic PVC market weakened and sorted out, the overall transaction was weak, and the PVC futures market opened low and went
low.
East China and South China traders continue to make profits and
shipments.
In terms of raw materials, the domestic calcium carbide market is consolidated, regional prices are stable, and downstream arrivals are still unbalanced
.
The prices of upstream ethylene and calcium carbide are stable, and the support for PVC is general.
The downstream maintains rigid demand, merchants' willingness to purchase is weak, and the supply and demand side is stable
.
Fundamentally, the supply and demand side is temporarily stable
.
The quotations of some PVC manufacturers in Northeast China and Central China were lowered, which heated up the bearish sentiment in the market; At the same time, the six consecutive declines in the PVC period market have aggravated the bearish atmosphere in the market, and there are more
bearishness.
Affected by the recent weak performance of the PVC market and the high price resistance downstream, traders in East China and South China have increased
their profit shipments.
The trend of the spot market is still dependent on the trend of the futures market, and it is difficult to increase the demand side in the short term
.
