On March 23, the price of PVC in China’s domestic market fell

1、 Price trend

 

Latest price (March 23): 8880 yuan / ton

 

Key points of analysis: on March 23, the average domestic spot price of pvc5 was 8880 yuan / ton, down 0.34% from the previous trading day and 0.5% year-on-year. Recently, due to the impact of public health events, the demand of downstream products industry has weakened, and the market focus has shifted downward. In addition, the price of raw materials has decreased, and the focus of PVC market has shifted downward. The actual transaction is mainly negotiation. At present, the price of raw calcium carbide is about 4400-4550 yuan / ton, and the price of PVC is 8700-9150 yuan / ton.

 

The PVC market is expected to fluctuate in a narrow range.

PVA