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PVC runs smoothly and demand will continue to slow down

 Last Update: 2022-12-21
 Source: Internet
 Author: User

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On Friday, the main contract of PVC futures on the Dalian Commodity Exchange opened 7410 yuan / ton at 2105, closing at 7430 yuan / ton, the previous day's settlement price was 7360 yuan / ton, up 0.
95%, the trading range was 7345-7485 yuan / ton, the transaction was 251253, and the position was 375645
.

PVC

The PVC spot market rose in a narrow range during the day, and the futures market fluctuated higher; The upstream domestic calcium carbide market continued to move steadily, and the trading atmosphere was acceptable under the support of the sentiment of pre-holiday stocking in the downstream market; Downstream terminals have entered a holiday state one after another, and they just need to replenish goods, intensifying wait-and-see
.
The domestic mainstream price within the day, calcium carbide method price is 7300-7370 yuan / ton, ethylene method price is 7570-7770 yuan / ton
.

Hangzhou market quotation is stable, the mainstream remains at 7270-7400 yuan / ton; Changzhou PVC market remained stable, calcium carbide five-type material quotation range of 7300-7450 yuan / ton; Guangzhou PVC market slightly adjusted, calcium carbide method 5 type spot reference quotation 7330-7550 yuan / ton spot exchange; The trend of Linyi PVC market is rising, and the price of 5 types of goods is about 7280-7330 yuan / ton
.

Approaching the Spring Festival, the demand for PVC will continue to slow down, the enthusiasm of the industry to participate in the market will continue to decline, manufacturers still hold a stable offer, it is expected that the PVC market will run smoothly in the short term, narrow fluctuations
.

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