Price trend
On April 25, the average domestic spot price of PVC5 type was 8,890 RMB/ton, down 0.67% from the previous trading day and up 0.81% year-on-year.
Analysis review
Futures prices fell, suppressing market sentiment, spot market quotations fell, PVC companies' offers followed the fall sharply, and the transaction atmosphere was light, and raw material prices fell, the market had a strong wait-and-see mood.
As of the 25th, the price of raw calcium carbide was around 3,950-4,100 RMB/ton, and the price of PVC was 8,700-9,100 RMB/ton.
Market outlook
It is expected that the PVC market will be stable and weak.
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