According to Todudu monitoring data (SG5 average price of calcium carbide method), the average price of domestic PVC alcohol on May 20 was RMB 9,250 per ton, a decrease of 0.14% from the previous trading day and an increase of 3.07% from the previous trading day. 54.47% over the same period last year

On May 20, futures prices fell, leading to lower prices in the spot market. Companies are expected to be relatively loose, mainly focused on a narrow range of 50-150 yuan / ton. However, the overall market decline is not large. The actual inventory of cargo owners was transformed into profit, and commodity prices remained high. At present, under the guidance of macro policy, nearly 100 kinds of raw material prices collectively "collapse", PVC futures prices by high trading downturn and other negative factors. Due to the reduction of exports, PVC spot market prices have also declined, but due to the centralized maintenance of equipment, large losses in May, the supply side is expected to tighten. However, downstream demand remains a supporting positive factor. So PVC is not easy to shed, and reasonable correction should not be too pessimistic.

Spot price, domestic PVC5 calcium carbide mainstream price range of about 9150-9400 yuan / ton, Hangzhou area is about 9150-9200 yuan / ton, Changzhou area is about 9200-9300 yuan / ton. Guangzhou area 9300-9380 yuan/ton; local market prices fell.

As far as futures are concerned, the sharp price drop drove the spot price trend. On May 20, V2109 contract opened at 9005, the highest price of 9010, the lowest price of 8755. position 383126, settlement price of 8870. last trading day settlement price of 9115, down 245.

Toodudu PVC analysts believe that the market is gradually returning to rationality under the guidance of the macro policy, the negative factors such as market weakness, high trading slump and other negative factors have led to a decline in PVC market prices. However, the supply side is expected to tighten and downstream demand will still be supported. As a result, PVC has not declined significantly. The PVC market in China is expected to continue to decline in the short term.

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