Commodity News
SunSirs: Domestic PVC Market Prices Fell on May 10
May 11 2022 09:54:27 SunSirs (John)
Price trend
On May 10, the average domestic spot price of PVC5 type was 8,740 RMB/ton, down 0.34% from the previous trading day and down 5.51% from the same period last year.
Analysis review
On the 10th, the futures price fell, the spot market offer followed the decline, the market transaction was relatively flat, the downstream demand continued to maintain rigid demand, the wait-and-see attitude was obvious, and the focus of the PVC market shifted downward. As of the 10th, the price of raw calcium carbide was around 3,900-4,300 RMB/ton, and the price of PVC was 8,500-9100 RMB/ton.
Market outlook
The PVC market is expected to weaken.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com
Related Information
- 2024-04-02 SunSirs: China PVC Spot Market Prices Fluctuated and Fell in March
- 2024-03-26 SunSirs: China PVC Spot Market Prices Rose Last Week (March 15-22)
- 2024-03-05 SunSirs: PVC Spot Market Dynamics in North China on March 4
- 2024-02-29 SunSirs: China PVC Spot Market Prices Remain Stable with Slight Increase after the Spring Festival
- 2024-02-01 SunSirs: China PVC Spot Market Prices first Fell and then Rose in January, 2024
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