The market is still bearish PVC has limited upward momentum

PVC futures fell sharply during the day, and the spot market price shifted downward; The ex-factory price of upstream domestic calcium carbide is temporarily stable, and calcium carbide is still tight; Downstream manufacturers purchase
on demand.
The domestic mainstream price within the day, calcium carbide method price is 9550-9570 yuan / ton, ethylene method price is 9880-9980 yuan / ton
.

Hangzhou PVC market quotation was lowered, the mainstream price of calcium carbide method was 9250-9350 yuan / ton; The quotation of Changzhou PVC market was lowered, and the mainstream price of calcium carbide method was 9400-9600 yuan / ton; The price of Guangzhou PVC market was lowered, the mainstream reference quotation of calcium carbide method type 5 was 9600-9800 yuan / ton, the center of gravity of Linyi PVC market was lowered, and the mainstream reference price of calcium carbide type 5 was 9350-9500 yuan / ton
.

At present, due to the impact of the decline of crude oil and coal futures, PVC futures have pulled back sharply, the market mentality is bearish, traders' quotations have fallen, manufacturers' quotations are mainly stable, and some prices are tentatively lowered; Downstream due to the traditional off-season, export orders weakened, demand side was weak, and bearish still existed, resulting in limited
upward momentum.
It is expected that the PVC market may still fluctuate with futures in the short term, and it is necessary to pay attention to the raw calcium carbide market and futures trend
in the future.