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Recently, affected by a certain improvement in the market supply and the poor receiving of downstream goods, the PVC market has turned into a downward trend
.
From the perspective of futures, as of December 25, Dalian futures PVC2005 contract opened higher and lower, opened at 6535, with a maximum of 6535 and a minimum of 6480, and closed at 6495, down 15 or 0.
23%
.
From the spot point of view, PVC manufacturers have completed maintenance and started well, and the supply side will increase to a certain extent.
In addition, some companies have expectations for new production capacity, such as Ordos chlor-alkali, etc.
The tight market supply has eased, and some traders have reduced prices , The bearish mentality is strong; the downstream goods are not well received, and the rigid demand is basically maintained.
In addition, it is understood that Hebei, Henan and other regions are affected by environmental inspections, and the start of construction is low, and some areas are basically suspended
.
To sum up, it is expected that in the short term, the PVC market will remain weak and adjusted, and there is a possibility of a substantial price reduction in some regions in the later period, with a range of about 300 yuan / ton
.