The PVC market may continue to decline in the short term

The center of gravity of the PVC spot market declined steadily during the day, and the futures market continued to pull down; The quotation of raw calcium carbide was lowered, and the cost support continued to weaken, aggravating the bearish sentiment; Due to the cold wave weather and the impact of the epidemic, the operating rate of downstream manufacturers is low, and only maintain the purchase
of rigid needs.
The domestic mainstream price within the day, calcium carbide method price is 7080-7170 yuan / ton, ethylene method price is 7400-7690 yuan / ton
.

Hangzhou market quotation downward, the mainstream is 7000-7250 yuan / ton; The quotation of Changzhou PVC market was lowered, and the quotation range of each brand of calcium carbide five-type material was 7000-7300 yuan / ton; During the day, the Guangzhou PVC market was shocked downward, and the calcium carbide method 5 spot reference quotation was 7200-7380 yuan / ton spot exchange; The price in Hebei market was lowered, and the mainstream quotation of 5-type material in Hebei was 6880-6930 yuan / ton including tax; Linyi PVC market narrow adjustment, 5 type source delivery price reference 7000-7100 yuan / ton
.

At present, the PVC market continues to weaken, terminal demand is weak, prices have fallen significantly, coupled with the impact of the epidemic on logistics and transportation, the overall transaction atmosphere is restrained by negative factors and continues to decline, and it is expected that the PVC market will continue to decline in the short term
.