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On February 24, the average price of domestic PVC mainstream was 8825 yuan / ton, which was higher than 7350 yuan / ton last Wednesday (17th), an increase of 20.
07%, up 23% for the whole month, and up 33.
97%
compared with the same period last year.
After returning from the holiday, crude oil led the energy and chemical sector to rush forward, PVC was not to be outdone, actively increased, the first week after the holiday rose 3.
74%, some companies closed the market and stopped waiting to see the market
.
Entering this week, PVC futures station to above 8600 yuan / ton, driving the spot market to rise in a large area, the previous suspension of enterprises have recovered one after another, and high prices are frequent, now the mainstream area quotation (calcium carbide SG5) has risen to 8600-8950 yuan / ton, 8 type rose to 9000 yuan / ton, just a few days after the holiday, enterprises raised more than 1,000 yuan, and the price sentiment is still strong
.
As of the 24th, the average price of PVC mainstream soared by 20.
07% in 7 days, and the industry actively entered the market under the mentality of buying up rather than buying down, and the market was sunny
.
At present, the downstream has been reworked one after another, the downstream enterprises have started work earlier than in previous years, the demand side support is gradually strengthening, and the demand needs to be replenished just after the holiday, and the demand has increased
.
At the same time, due to the tight supply of international sources due to force majeure factors, the warmth of PVC exports, and the rise in the price of raw calcium carbide, the trend of PVC may be strong and
upward.
In February, the PVC market rose, and the return after the holiday rose strongly, and the futures price rose sharply, driving the spot market to rise in a large area, and the high price was frequent, coupled with the price of raw material calcium carbide, the cost side was strongly supported
.
With the downstream and downstream rework, just after the holiday need to replenish, demand improvement, and exports warmer and other positive factors boosted, it is expected that the trend of PVC in the short term is firm, there are still expectations of rise, but the increase may be narrower than the previous period, high consolidation is the mainstay
.
