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AlvinStephen
I'm a seasoned industrial engineer with a keen interest in machine learning. Here to share insights on latest industry trends.
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AlvinStephen
Release Time:2024-06-13
The Market stops Falling, China PVC Market begins to Rise
According to the data monitored by toodudu (the average ex-factory price of calcium carbide method SG5), on September 16, the mainstream average price of PVC in China was 6,587.5 RMB/ ton, up 0.11%, 0.34%, 2.37% and 1.46% respectively. Market Analysis On Wednesday, the market stopped falling and rose slightly, and the PVC market price rose again. Now it has entered the traditional peak season, but the demand has not reached the expectation. Last week, the PVC market showed a trend of rising first and then falling, and the weak market continued to the beginning of this week. On September 16, the spot market of PVC rose steadily. In the peak season, the price of PVC was blocked, and the manufacturer’s quotation was slightly loose, but the overall situation remained stable. On the whole, the current demand is not up to expectations, the market trend is ups and downs, but the contradiction between supply and demand is not big, and is gradually improving, China PVC market inflection ...
Detail >
AlvinStephen
Release Time:2024-06-13
The Favorable Conditions were Superimposed in July, China PVC Market Price Rose
Rabbit doodle (calcium carbide SG5 ex-factory average price) shows that on July 30, the domestic PVC mainstream average price of 9,137.5 yuan / ton, compared with the beginning of the month 9,000 yuan / ton up 137.5 yuan. This month, an increase of 1.53%, an increase of 41.12%. PVC market performance in July was flat, followed by an upward trend. In the second half of the month, prices rose sharply and continued to run high. In the first half of July, the overall stability of the PVC market, price fluctuations of less than 1%. PVC futures rose sharply in the second half of the month, driving the spot market up slightly. Restricted by the power policy, the supply of raw material calcium carbide is tight, strong cost support, PVC rose. At the same time, due to the shortage of raw materials and high prices, some PVC companies reduced construction load and equipment maintenance, reducing the market supply and improving the supply direction. Toward the end of the month, affected by off-sea...
Detail >
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