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On Friday, the main contract of PVC futures on the Dalian Commodity Exchange opened 7000 yuan / ton at 2105, closing at 7040 yuan / ton, and the settlement price of the previous day was 6975 yuan / ton, up 0.
93%, the trading range was 6965-7060 yuan / ton, the transaction was 252501, and the position was 411093
.
The PVC spot market consolidated during the day, and futures rose at the end of the session; calcium carbide maintains weak operation, and with the increasing pressure of logistics and transportation, the circulation of calcium carbide resources is relatively difficult; It is difficult for downstream manufacturers to increase the operating rate, and only maintain the purchase
of rigid needs.
The domestic mainstream price within the day, calcium carbide method price is 6930-7030 yuan / ton, ethylene method price is 7520-7740 yuan / ton
.
Hangzhou market quotation downward, the mainstream is 7000-7150 yuan / ton; The quotation of Changzhou PVC market remained stable, and the quotation range of calcium carbide five-type material was 7000-7200 yuan / ton; The PVC market in Guangzhou remained stable, and the calcium carbide 5 type spot reference quotation was 7150-7300 yuan / ton spot exchange; The price in Hebei market is adjusted in a narrow range, and the mainstream quotation of 5 types of material in Hebei is 6800-6870 yuan / ton including tax; Linyi PVC market sideways, 5 type source delivery price reference 6980-7100 yuan / ton or so
.
In summary, although PVC manufacturers actively ship and increase pre-sales, due to the suspension of real estate in winter, the inconvenience of epidemic control transportation and the increase in logistics and transportation costs, the demand side remains weak and bearish, so it is expected that the PVC market will be weak and volatile in the short term
.