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On October 26, PVC futures fell, the main contract 2201 opened at 9910, closed at 9775, down 4.
12%, the decline in the market continued to suppress market sentiment, the spot market price fell sharply, PVC companies fell by about 500 yuan / ton, and there are more sealing enterprises, the market trading is mainly based on point prices, the center of gravity continues to shift, and the holders continue to make profits and shipments, but the transaction atmosphere is not good
.
Looking back at last week, macro policy shot, the market weakened, on Wednesday, in the futures variety of a green situation, there is no lack of PVC figure, 01 main contract fell to the limit, bearish pressure on market sentiment, spot market prices have also been sharply reduced, some companies may have a secondary price adjustment, the industry mentality is negative, and the downstream products industry demand is flat, buying sentiment is flat, more is a wait-and-see mentality, the overall trading atmosphere of the market is not good
.
At present, the market is bearish and the PVC market is weak
.
In terms of spot, at present, the quotation range of domestic PVC5 calcium carbide enterprises is around 11000-12500 yuan / ton, the manufacturer's quotation is slightly higher than the market price, and the PVC5 calcium carbide range in Hangzhou is 11180-11300 yuan / ton; The mainstream of PVC5 calcium carbide in Changzhou is 11000-11300 yuan / ton; The mainstream price of PVC ordinary calcium carbide in Guangzhou is 11350-11600 yuan / ton, and the price of domestic markets has fallen
sharply.
Import and export, last week's external price rise, CFR China rose 50 at $1750/ton, CFR Southeast Asia rose 200 at $1810/ton
.
CFRE India rose 60 at $1900/mt
.
At present, the market is weak, PVC futures prices continue to fall, the news suppresses market sentiment, corporate quotations have fallen sharply, while downstream demand still maintains rigid demand, bargain procurement, market trading atmosphere is general, it is expected that PVC prices will continue to decline in the short term, and it is necessary to pay attention to raw material price trends and macro policy news guidance
.
