1、 Price trend
Latest price (November 3): 9750 yuan / ton
Key points of analysis: according to the data monitoring chart of business society, on November 3, the main PVC contract 2201 opened at 8673, the highest price was 8958, and closed at 8901. The futures price continued to decline and rebounded slightly, driving the spot market price to continue to decline to less than 10000 yuan. At present, the enterprise’s quotation is mostly in the range of 9400-10000 yuan / ton, the center of gravity moves downward, and the raw calcium carbide is now falling to 5500 yuan / ton, With the weakening of cost support and insufficient downstream gas buying, PVC enterprises have great sales pressure, and the trading atmosphere is still poor.
Forecast: the PVC market is expected to continue the downward trend in the short term.
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