March 2nd news: On March 2nd, the PVC market in Linyi region experienced an upward trend. The futures market rose after the midday session, and the spot market followed suit accordingly. Dealers' quotations increased by 50-80 yuan compared to the previous trading day. Market sentiment was moderate, and trading activity was acceptable. Currently, the mainstream quotation for calcium carbide-based PVC type 5 is in the range of 4,680-4,750 yuan/ton.
Chempricehub analysis of PVC: Bull-bear score: +1. The article indicates that the spot quotation for PVC in Linyi region increased by 50-80 yuan/ton compared to the previous trading day, with the mainstream quotation range at 4,680-4,750 yuan/ton. The futures market rose after the midday session, driving the spot market to follow suit. Trading activity was acceptable, but market sentiment remained moderate, suggesting that demand supported the price increase, though the upward momentum was limited. Considering the performance of the futures market, short-term supply-demand tightness is pushing prices higher, but the lack of strong demand support means the impact on spot prices is moderately positive, with a score of +1.