Product Name: PVC
Latest price: 5642 yuan/ton
Analysis point: On March 20th, the spot market price of PVC continued to rise. The significant increase in futures prices has boosted confidence in the spot market, with most manufacturers raising prices and distributors following suit, making it difficult to find low prices in the market. At present, the quotation for PVC SG5 is mostly around 5450-5790 yuan/ton. On site traders are relatively active, while downstream processing enterprises have a calm demand and are more cautious in market transactions.
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It is expected that the PVC spot market will operate strongly in the short term.