SunSirs: Asia PVC Market Declines, Spot Prices Fall
November 28 2025 11:10:28 SunSirs (Selena)
November 27th news: This week, the Asian PVC market declined. CFR China PVC spot prices fell by $50 to $640/ton, CFR Southeast Asia PVC prices fell by $10 to $620/ton, and CFR India PVC prices fell by $10 to $660/ton.
The article reports that Asian PVC spot prices generally declined this week, with CFR China prices falling by $50/ton to $640/ton, CFR Southeast Asia by $10/ton to $620/ton, and CFR India by $10/ton to $660/ton. This indicates an oversupply or weak demand in the spot market. The significant price reduction shows short-term price pressure, and spot prices are expected to fall further. Combined with data from the Dalian Commodity Exchange's PVC futures contracts (e.g., the settlement price of the 2609 contract was 4924 yuan, a change of -17), futures prices have already shown a downward trend. This negative news in the spot market may strengthen bearish sentiment in the futures market, pushing futures prices lower.
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