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In early June, the PVC market fluctuated at a high level and prices fluctuated
in a narrow range.
Recently, the price of PVC futures rebounded and rose, and the spot market did not see a significant follow-up behavior, mostly adjusted in the range of 50-150 yuan / ton, some of the lower quotations increased slightly, high-end prices also downward performance, the overall market quotation concentrated around 9000 yuan / ton, the center of gravity is still at a high level
.
This week's market strengthened, PVC futures prices pulled rapidly, the spot market continued to move steadily, and the wait-and-see mentality gradually increased
.
Approaching the Dragon Boat Festival, the demand for replenishment before the downstream festival has increased to a certain extent, the transaction atmosphere has improved slightly, and the demand side support is acceptable; At the same time, the price of raw calcium carbide has risen, the cost side support has gradually strengthened, and some PVC units are still under maintenance, and the supply is not retreating, and the profit supports the strong trend of PVC
.
With the recovery of PVC maintenance enterprises in the future market, and the downstream demand entering the off-season, the supply and demand side may be weak, and the short-term continuation of the high volatility trend, the future market is difficult to be optimistic
.
In terms of spot, the current mainstream quotation range of domestic PVC5 calcium carbide is around 8900-9250 yuan / ton
.
PVC5 calcium carbide range in Hangzhou area 9100-9200 yuan / ton; The mainstream of PVC5 calcium carbide in Changzhou area is 9100-9230 yuan / ton; The mainstream price of PVC ordinary calcium carbide in Guangzhou is 9200-9300 yuan / ton; Markets fluctuate
in a narrow range everywhere.
During the Dragon Boat Festival, the demand for replenishment before the downstream holiday has increased to a certain extent, while the price of raw material calcium carbide has increased, and the maintenance benefit has not completely subsided, and the short-term support PVC trend is firm, and the price may have a slight increase performance, but the market is difficult to say optimistic
with the gradual weakening of supply and demand.