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Since November, affected by the continuous rise of PVC futures, the spot market sentiment has improved, traders' shipping prices have increased, and the ex-factory prices of some PVC manufacturers have also increased by around 50-100 yuan/t.
From the perspective of futures, PVC futures have been continuously rising in the past few days, and they have not been able to continue to ri.
Positive factors: Some PVC manufacturers are still overhauling, such as Shandong Dongyue PVC plant maintenance and Tangshan Sanyou and Xinjiang Tianye PVC plant repairs, and the supply side is relatively weak; ethylene-based companies have tight supply and good sales, and some companies are temporarily clos.
Negative factors: The downstream products factories and enterprises have slightly improved in receiving goods, but they still maintain rigid demand, and mainly seek low-priced sources; the price of calcium carbide has dropped, and the support for PVC costs has weakened; China has cancelled anti-dumping duties on the United States, Japan and other countries, and domestic The price increase and the widening of the price difference with the external disk have a certain negative impact on the mark.
Based on the above, Plastic Rice City believes that affected by the weak fluctuation of PVC futures, the price of PVC market will likely decline, but supported by some favorable factors, it is expected that there is not much room for decli.
