SunSirs: China Domestic PVC Prices fell on December 2
December 03 2021 15:45:43 SunSirs (Selena)
Latest price (December 2): 9,050 RMB/ ton
According to the data monitoring of SunSirs, on December 2, the main PVC contract 2201 closed at 8332 RMB/ tons, down 3.64%, and the spot market price fell by 0.66% compared with the previous day. At present, the mainstream price is 8800-9300 RMB/ tons, and the offer of cargo holders continues to decline. The market transaction atmosphere is general, the demand in the off-season is weakened, the enterprises are active in shipping, and the sales pressure is large, but the raw material price has not fluctuated greatly recently, Cost support is still existing.
China PVC is expected to continue the trend of shock and decline in the short term
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