PVC prices continue to pull back in the off-season of demand, and there is no obvious benefit on the demand side

Since the fourth quarter, the cumulative correction of PVC main contracts has exceeded 30%.

Recently, PVC futures prices have continued to fluctuate in the core range of 8100-9000 yuan, and with the arrival of the off-season of PVC demand, the accumulated inventory has begun to limit the rebound space
of PVC futures.

In terms of the market, PVC futures fluctuated during the day, and the spot market price fell in a narrow range; The ex-factory price of upstream domestic calcium carbide remained stable, and the market supply increased; The terminal plastic factory just needs to purchase
.
The domestic mainstream price, calcium carbide method price is 9120-9140 yuan / ton, ethylene method price is 9500-9530 yuan / ton
.

Hangzhou PVC market quotation is stable, the mainstream price of calcium carbide method is 8900-9100 yuan / ton; The quotation of Changzhou PVC market was lowered, and the mainstream price of calcium carbide method was 8950-9150 yuan / ton; The price of Guangzhou PVC market was reduced, the mainstream reference quotation of calcium carbide type 5 type was 9000-9100 yuan / ton, the center of gravity of Linyi PVC market was stable, and the mainstream reference price of calcium carbide type 5 was 8950-9150 yuan / ton
.

At present, under the rise of crude oil and coal futures, PVC futures are strongly volatile, PVC is expected to have fewer maintenance manufacturers in the short term, the supply side is expected to be loose, and traders let profits and shipments mostly; Due to the traditional off-season downstream, new orders are flat, and there is no obvious benefit on the demand side
.
It is expected that in the short term, the PVC market may continue to fluctuate with futures, and it is necessary to pay attention to the raw calcium carbide market and futures trend
in the future.