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PVC futures opened low and went low on Friday, the spot market offered a narrow adjustment, and merchants accompanied the shipment to negotiate
.
The quotations of production enterprises are firm, some new prices have not been introduced for the time being, the downstream is affected by the epidemic and the start is insufficient, the inquiry is limited, and the market transaction remains rigid.
After the Qingming Festival holiday, PVC futures weakened and prices showed a correction
.
It is expected that PVC futures are still expected to fall further in the short term, while the trend indicators are strong in the medium and long term, and still remain in the 9000-9550 range
.
Compared with 2021, the fluctuation range of PVC prices in 2022 will narrow, and the overall fluctuation range will remain in the range of 8600-10000 yuan / ton.
From January to March 2022, PVC prices were mixed, and there was no obvious trend, while in April, PVC prices remained high
.
PVC prices have fallen, and there are three main reasons for the price fall, the first point is that PVC prices are high, and there must be technical corrections; The second point is that crude oil prices have fallen, commodities have been affected and cooled, PVC futures have been lowered, and the spot market is bearish; The third point is that demand is slowly rising, whether it is high PVC prices or repeated epidemics, it has suppressed downstream demand to a certain extent
.
However, the current PVC price decline is normal, and the market is still partially supported, strong resistance to falls, and it is difficult for the price to fall
deeply.