On the first day after the festival, China’s domestic PVC market prices continued to rise

1、 Price trend

Latest price (October 8): 13037.5 yuan / ton

Key points of analysis: according to the data monitoring chart of the business society, the PVC price continued to rise on October 8, and the highest price of the main contract 2201 was 12615, which continued to rise, driving the strong follow-up of the spot market, with a daily increase of 3.57%, most of which rose to around 13000 yuan / ton. On the first day after the festival, the price of raw calcium carbide continued to rise to 7800 yuan / ton, the cost support continued to strengthen, and the downstream product industry started one after another, there was a certain replenishment demand. At the same time, the tight supply still existed, and multiple favorable conditions supported the PVC market to continue to rise.

Forecast: the market price of PVC is expected to continue to rise in the short term.