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After the Spring Festival this year, the prices of chemical products collectively went up, but the trend began to diverge in mid-to-late March.
Polyolefins entered the adjustment stage, but PVC still maintained a strong trend.
Last week, the current prices of PVC futures all hit a 10-year high.
Market participants remind investors to view market changes rationally.
A reporter from the Futures Daily interviewed many market participants and learned that the strong price of PVC futures is mainly related to changes in its own supply and demand and the cost side.
In the past two years, there has been a mismatch in the launch speed of new capacity of calcium carbide and PVC, and there is a supply gap.
In this context, once the calcium carbide industry is affected by environmental protection measures, the price is likely to rise quickly, which will drive the price of PVC on the cost side.
Transfer from: Futures Daily
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