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SunSirs: China Domestic PVC Market Continued to Rise on October 8

October 09 2021 14:03:14     SunSirs (Selena)

Latest price (October 8): 13,037.5 RMB/ ton

According to the data monitoring chart of SunSirs, the PVC price continued to rise on October 8, and the highest price of the main contract 2201 was 12,615 RMB/ ton, which continued to rise, driving the strong follow-up of the spot market, with a daily increase of 3.57%, most of which rose to around 13,000 RMB/ ton. On October 8, the price of raw calcium carbide continued to rise to 7,800 RMB/ ton, the cost support continued to strengthen, and the downstream product industry started one after another, there was a certain replenishment demand. At the same time, the tight supply still existed, and multiple favorable conditions supported the PVC market to continue to rise.

 

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