On December 15, China’s domestic PVC prices fell

1、 Price trend

 

Latest price (December 15): 8570 yuan / ton

 

Key points of analysis: according to the data monitoring chart of business society, on December 15, the main PVC contract 2205 closed at 805, down 2.86%. The futures fell, driving the spot market to continue to fall. On December 15, the average domestic spot price of pvc5 was 8570 yuan / ton, down 0.58% from the previous day. The reduction range of enterprises was mostly in the range of 50-300 yuan / ton. At present, the mainstream price is 8300-8800 yuan / ton. Enterprises continue to reduce prices to sell for shipment, However, in the off-season of demand, the market trading is relatively flat, coupled with the decline of raw materials, the market has strong negative factors.

 

Forecast: PVC prices are expected to continue to weaken in the short term.

PVA