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Recently, PVC inventories have been low and demand has been stable

 Last Update: 2022-12-14
 Source: Internet
 Author: User

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According to monitoring data (calcium carbide SG5 factory average price), on November 26, the domestic PVC (6320, 95.
00, 1.
53%) quotation was 6408 yuan / ton, on November 23, the domestic PVC quotation was 6423 yuan / ton, the overall increase was 0.
23%, the overall PVC price did not change much, this week PVC market consolidation is the mainstay
.

PVC

Products: PVC futures were mainly volatile this week, and spot trading prices fluctuated
slightly.
The actual inventory of the PVC market is at a low level, the sales pressure is not large, the actual transaction atmosphere this week is tepid, downstream buyers just need to replenish, the spot market quotation maintains stability, as of November 30, the domestic PVC mainstream quotation range of 6250-6700 yuan / ton
.

Industry: The rubber and plastic index was 738 points on November 30, down 2 points from yesterday, down 30.
38% from the highest point in the cycle of 1060 points (2012-03-14), and up 28.
12%
from the lowest point of 576 points on December 21, 2015.
(Note: the cycle refers to 2011-12-01 to the present) The overall weak operation of commodities in the fourth quarter, affected by the sharp decline in the price of terminal raw crude oil, the rubber and plastic industry showed a sharp downward trend
.

Future market forecast: PVC inventory is low in the near future, demand is stable, and price consolidation is the mainstay
.
The fourth quarter is the off-season of consumption, while the terminal upstream crude oil price order declined, 11 commodity manufacturing industry contracted from the previous month, downstream demand side is difficult to make a big improvement, it is expected that the market will be weak after operation, PVC 5 type mainstream quotation 6200-6650 yuan / ton
.

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