Supply side remains tight PVC prices may remain high

On Monday, the PVC spot market trend rose, the range was 50-210 yuan / ton
.
PVC futures opened high and went high, boosting the sentiment of the spot market, the market supply was tight, the destocking exceeded expectations, some manufacturers closed the market less and waited, ethylene goods less inquiry quotation.

The domestic mainstream price within the day, the downstream calcium carbide method price is 7200-7240 yuan / ton, ethylene method price is 7650-7820 yuan / ton
.

Changzhou market price rose, calcium carbide five-type material spot quotation 7200-7350 yuan / ton; The mainstream quotation of PVC market in Hangzhou market was raised, and the mainstream quotation was 7230-7350 yuan / ton; The quotation of Guangzhou PVC market continued to rise during the day, and the mainstream quotation range of calcium carbide type 5 was 7380-7430 yuan / ton; The price of Hebei market has been raised, and the current delivery price of 5 type materials in Hebei is 7100-7170 yuan / ton, and the price of Inner Mongolia source goods including tax is 6880-6950 yuan / ton; The trend of Linyi PVC market is rising, and traders are quoted higher, and the delivery price is about 7350-7400 yuan / ton, and the transaction is general
.

To sum up, PVC manufacturers mostly accompany the market price to rise, downstream factories just need to purchase, maintain a wait-and-see attitude; The price of raw calcium carbide maintained an upward trend, which supported the price of PVC, and the overall supply side remained tight
.
It is expected that the PVC market price may remain high in the short term
.