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In November, the PVC market first fell widely, and then maintained a volatile trend, and the price rebounded in the second half of the year, but it was difficult to recover the previous decline, and the overall trend in the month showed a downward trend, and the center of gravity shifted
downward.
This month's PVC market was significantly affected by the disk, futures prices continued to fall, the spot market quickly followed, the first week of the month fell sharply by 9.
32%, fell to the August price level, the previous rise basically spit back, and the raw material calcium carbide fell by about 24% in the week, PVC cost support was weak, the price fell below the 9,000 yuan mark
.
In the second week, the market strengthened and raw materials stopped falling and stabilized, the PVC market stopped falling and rose by 0.
33%, the market transaction atmosphere gradually improved, and the enthusiasm of downstream bargain hunting replenishment increased
.
In the third week, the price of raw calcium carbide rose slightly, the low price of PVC was traded well, and the price rose tentatively during the week, but the fluctuation was limited
.
Near the end of the month, PVC spot continued to maintain an upward rhythm, but the temperature dropped, the seasonal off-season demand was weak, the downstream procurement was conservative, and the continuous upward lack of actual driving force
.
In November, the PVC market fell as a whole, although the current raw calcium carbide price rose slightly, the cost support was acceptable, but the demand in the off-season weakened, coupled with the increase in the operating load of PVC enterprises, the market supply increased, it is expected that in the short term PVC fundamentals have not changed significantly, the price will continue to maintain a volatile trend
.