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    Home > Chemicals Industry > New Chemical Materials > PVC prices are not easy to fall deeply, and downstream demand is still supported in the short term

    PVC prices are not easy to fall deeply, and downstream demand is still supported in the short term

    • Last Update: 2022-12-22
    • Source: Internet
    • Author: User
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    In terms of futures, the sharp decline in PVC prices drove the trend of spot prices, and on May 20, the V2109 contract opened at 9005, the high: 9010, the low: 8755, the position: 383126, the settlement price: 8870, yesterday's settlement: 9115, down 245
    .

    PVC

    On May 20, the price of goods fell, driving the spot market price down, and the company's offer was loose, mostly based on a narrow adjustment of 50-150 yuan / ton, but the overall downward range of the market was not large, and the actual inventory of the holders had concessions, and the price was still high
    .

    In terms of spot, the current mainstream quotation range of domestic PVC5 calcium carbide is around 9150-9400 yuan / ton
    .
    PVC5 calcium carbide range in Hangzhou area 9150-9200 yuan / ton; The mainstream of PVC5 calcium carbide in Changzhou is 9200-9300 yuan / ton; The mainstream price of PVC ordinary calcium carbide in Guangzhou is 9300-9380 yuan / ton; Market prices are falling everywhere
    .

    At present, under the guidance of macro policies, nearly 100 raw material prices collectively "dived", the market gradually returned to rationality, PVC futures prices fell sharply, superimposed on high price transactions, exports reduced and other negative factors, so that PVC spot market prices declined, but in May maintenance equipment is more concentrated, the loss is large, the supply side is expected to tighten, and downstream demand is still supported, positive factors are still there, so PVC is not easy to fall deeply, rational pullback should not be overly pessimistic
    .

    At present, under the guidance of macro policies, the market is gradually returning to rationality, the market is weakening, superimposed on the negative factors such as poor transaction at high prices, so that the price of the PVC market has declined, but the supply side is expected to tighten, and downstream demand is still supported, so PVC is not easy to fall deeply, and it is expected that the PVC market will continue to decline in the short term
    .

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