Domestic PVC Market This Week

This week, the domestic PVC market first fell and then rose. The overall price is shifted slightly, and the downstream bargained for appropriate replenishment. This week, the spot fundamentals of the PVC market did not change much. The downstream demand was general, and the just-needed purchase continued. The upstream quotations and real orders were loosened, and the orders were received at a profit. The supply and demand support was general.

Forecast: The current supply and demand of the PVC market has not changed much. There will be no new maintenance companies next week, and the PVC industry will resume to a high level. The demand will not be tepid, and there will be no significant improvement in the short term. From a purely fundamental perspective, PVC support Neutral is slightly weaker, but there is no obvious contradiction.

The recent strict prevention and control in Xinjiang has caused participants to worry that shipments may be affected in the later period. Market speculation still exists, and they are concerned about the trend of Sino-US relations and social inventory changes in the later period. It is expected that the PVC market will fluctuate within a narrow range next week, and the overall price center of gravity may move upward.

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