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FrankWagner
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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FrankWagner
Release Time:2024-06-13
China PVC Spot Prices Rose Last Week (July 7-14)
According to the monitoring of the commodity market analysis system of toodudu, the spot price of PVC carbide SG5 rose last week. The average domestic PVC price on Friday the previous week was 5,490 RMB/ton, and this week’s average price was 5,615 RMB/ton, with a price increase of 2.28% during the week. Last week, the price of PVC in the domestic Spot market rose. Last week’s increase in upstream calcium carbide prices, coupled with the delay of two policies in the "16 Financial Measures" issued on the evening of July 10th, has boosted the confidence of the PVC market. The futures market continues to rise, and spot prices are gradually following suit. As of now, the quotation range for PVC5 carbide materials in China is mostly around 5,450-5,900 RMB/ton. On July 13th, international crude oil futures rose. The settlement price of the main contract for US WTI crude oil futures was $76.89 per barrel, up $1.14 or 1.5%. The settlement price of the main contract for B...
Detail >
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