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On Friday, the main contract of PVC futures on the Dalian Commodity Exchange opened 8375 yuan / ton at 2105, closing at 8430 yuan / ton, the previous day's settlement price was 8535 yuan / ton, down 1.
23%, the trading range was 8265-8525 yuan / ton, the transaction was 506615, and the position was 298934
.
PVC spot market quotations were weak and sorted out during the day, and futures were volatile and fell; The upstream domestic calcium carbide price continued to maintain an upward trend, and the enthusiasm for raw material procurement was high; Traders mainly ship at point prices, and the transaction is average
.
The domestic mainstream price within the day, calcium carbide method price is 8500-8570 yuan / ton, ethylene method price is 9070-9340 yuan / ton
.
The focus of Hangzhou market quotations shifted downward, and the mainstream remained at 8350-8450 yuan / ton; Changzhou PVC market quotation fell slightly, calcium carbide method maintained at 8350-8450 yuan / ton; The price of PVC market in Guangzhou was reduced, and the mainstream reference quotation of calcium carbide type 5 was 8400-8550 yuan / ton; The quotation of Linyi PVC market was lowered, and the delivery price of type 5 source reference was about 8450-8550 yuan / ton, and the price of Inner Mongolia source was slightly lower
.
At present, the operating rate of PVC equipment continues to be high, the price of raw calcium carbide and ethylene continues to rise, the terminal demand has not improved substantially, and after the increase in terminal products, the new orders are flat, which is also a suppression of mentality; In the future, it is necessary to pay attention to the resumption of overseas installations, domestic downstream demand and futures market trends, and it is expected that the PVC market price may be adjusted in the short term
.