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HilarySawyer
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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HilarySawyer
Release Time:2024-06-13
Less Goods and Higher Price, PVC Market Continues to Rise
According to the data monitored by toodudu (the average ex-factory price of calcium carbide method SG5), the domestic mainstream PVC average price on December 3 was 8,287.5 RMB/ ton, up 3.76% compared with the beginning of the week, 13.72% on a month on month basis, and 17.3% higher than the same period last year. Since the PVC market rose by 13% in November, the rising trend has continued to last week. Now it has increased by more than 3% and increased by 17% compared with the same period of last year. The price of PVC has risen to the highest level in recent years at over 8,000 RMB/ ton. The rise was due to tight supply, stronger futures and higher raw materials. Last week, most PVC enterprises rose 100-300 yuan, the price was around 8,500 RMB/ ton, the market price was low, the supply of goods was scarce, and the market atmosphere was not high. Overall, PVC good support in the short term, the future market or will usher in a rational callback. In terms of spot goods, domestic PVC5 ...
Detail >
HilarySawyer
Release Time:2024-06-13
The Spot Price of PVC Rose slightly in China Last Week (January 6-13)
According to the data monitored by toodudu, the price of PVC carbide SG5 rose slightly last week. The average price of domestic PVC was 6,155 RMB/ton on Friday of the previous week, and the average price on Friday was 6,216.67 RMB/ton, and the price increased by 1% in the week. The domestic spot market price of PVC rose slightly last week. At present, the spot market is fair. Last week, the confidence in the spot market was good, and the market price center was upward, with a slight increase. As the Spring Festival holiday approaches, downstream markets stock up on demand. As downstream enterprises have holidays in succession, the market transactions have gradually faded. Up to now, the domestic price range of PVC5 carbide is mostly around 6,000-6,450 RMB/ton. In terms of crude oil, international crude oil futures rose on January 12. The settlement price of the main contract of WTI crude oil futures in the United States was $78.39/barrel, up $0.98 or 1.3%. The settlement price of the...
Detail >
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