Recently, high levels of PVC social inventory have begun to decline, driving a short-term strengthening of prices. However, it is important to note that the

Macroeconomics 1. [Reverse Repo] To maintain ample liquidity in the banking system, the People's Bank of China (PBOC) will conduct outright reverse repo operations totaling 500

On September 4, PVC prices in the Asian market saw increases in certain regions. CFR China PVC spot offers rose by $30 to $840/tonne, while

I. Price Trends The PVC market continued its downward trend last week. Futures prices remained weak throughout the week, while spot market fluctuations were limited; mainstream

As of August 28, 2026, the composite benchmark price for carbide-process SG-5 PVC (tracked by SunSirs) stood at 4,378 RMB/tonne, down from 4,465 RMB/tonne on

On August 25, the PVC spot market continued to exhibit a pattern of weak fluctuation. Quotes in the Linyi and Zibo regions saw narrow adjustments.

The PVC market saw an initial rise followed by a decline last week; futures rebounded mid-week but fell back by the weekend, while the spot

Background: On August 18, India's Directorate General of Trade Remedies (DGTR) issued a notification initiating a countervailing duty investigation into imports of suspension-grade PVC resin

On August  19, PVC spot prices showed a fluctuating trend. SunSirs' average spread indicator flashed a warning signal of price resilience (bullish bias). When considering

On August 12, the PVC spot market remained stable. Futures prices fluctuated with a bullish bias, supporting spot price resilience, and quotes in some regions

The 2025 report on the PVC Stewardship Program, released by the Vinyl Council of Australia, reveals that 89% of signatory companies achieved a compliance rate

Macroeconomics 1. [PPI] National Bureau of Statistics: In July 2026, China's producer prices for industrial products rose by 3.5% year-on-year and fell by 0.7% month-on-month. Purchase

Regarding costs, spot electricity trading prices in the Wuhai region remain high, and "orderly power consumption" policies have increasingly impacted calcium carbide production; some enterprises

Last week (July 27–31), the PVC market saw a synchronized downward fluctuation in both futures and spot prices. The short-term speculative rally—previously driven by geopolitical

The Middle East conflict has significantly raised the costs of overseas ethylene-based PVC production capacity, leading some plants to cut operating rates due to force

Amidst volatile prices for crude oil and petrochemical feedstocks and disruptions to supply chains, the cost advantage of China’s calcium carbide-based PVC has been significantly

The pressure of high PVC inventories remains, and there are "structural flaws" in the fundamental aspects. The number of planned overhauls of production facilities will

China customs statistics and industry monitoring data indicate that the total export value of all domestic chemical product categories reached RMB 302.5 billion in June

On July 21, domestic SG5 PVC spot prices saw a slight rebound driven by geopolitical sentiment, even as market fundamentals remained weak. Regional price differentials