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Commodity News

SunSirs: On July 24th, the Spot Market Price of PVC Slightly Decreased

July 25 2023 10:52:54     SunSirs (John)

Product name: PVC

Latest price: 5,683.33 RMB/ton

Analysis review

On July 24th, the PVC market was operating to be weaker. The spot price of the market fell slightly, and the futures closed down, which depressed the confidence of the spot market. Traders had low enthusiasm for purchasing goods, and downstream purchases were made on demand, with caution in actual orders. As of July 24th, the trading atmosphere in the spot market was not good, and the market trading was light.

Market outlook

In the short term, the PVC spot market is sorted to be weaker.

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