1、 Price trend
Latest price (October 14): 14475 yuan / ton
Key points of analysis: according to the data monitoring chart of business society, the price of PVC futures fell sharply on October 14, and the closing price of 2201, the main contract, fell by 7.24%, while the willingness to follow the decline in the spot market was not strong, the price fell slightly by 0.34%, and the basis increased. At present, the price of raw materials is temporarily stable, the supply has improved slightly, and there is a decline expectation. In addition, with the recent strong rise of PVC, there is strong resistance in the downstream product industry, the transaction atmosphere is poor, the mentality of the industry is negative, and the wait-and-see mood is good.
Forecast: PVC market price is expected to fall in the short term.
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