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After returning from the May Day holiday, the PVC futures market opened well, and the price rose strongly, driving the direction
of spot trends.
May 6, 7 two days of about 2%, up more than 60% year-on-year, manufacturers generally increased, the daily increase of about 100-200 yuan / ton, now most of the quotations rose to above 9000 yuan / ton, traders also rose, the overall center of gravity of the market shifted
.
Recently, the price of raw material calcium carbide has risen, the cost support has gradually strengthened, and the number of maintenance enterprises in May has increased, and the market supply has tightened, which is conducive to the upward
trend of PVC prices.
At present, the export side has weakened, but the domestic market is relatively stable, and the quotation of the downstream products industry is also rising with the raw material market, but the acceptance of high-priced PVC is still not high, the market transaction is light, and it continues to maintain the purchase of just demand and replenishment at the low
.
Overall, the market is strong, raw material prices rise, supply tightening, stable demand and other benefits support the strong operation
of the PVC market.
In terms of spot, the current mainstream quotation range of domestic PVC5 calcium carbide is around 9000-9300 yuan / ton
.
PVC5 calcium carbide range in Hangzhou area 9300-9500 yuan / ton; The mainstream of PVC5 calcium carbide in Changzhou area is 9300-9450 yuan / ton; The mainstream price of PVC ordinary calcium carbide in Guangzhou is 9300-9450 yuan / ton; Prices rise in
markets everywhere.
After returning from the holiday, the PVC market opened well, futures prices rose sharply, driving the spot trend, coupled with the price of raw material calcium carbide continued to rise, stable demand, and maintenance favorable blessing, it is expected that the PVC market will continue to fluctuate in
the short term.