1、 Price trend
Latest price (October 28): 10625 yuan / ton
Key points of analysis: on October 28, PVC futures stopped falling and rebounded. The opening price of the main contract 2201 was 90750 and the closing price was 9545, an increase of 1.27%, while the spot market price continued to decline, with a daily decrease of 4.06%. The price was as low as 10000 yuan. The market quotation was chaotic. Most of them were single discussions. The overall trading in the market was tepid and the wait-and-see mood remained unchanged.
Forecast: the PVC market is expected to remain weak in the short term.
| PVA |