January 16 - On January 16, the PVC market in Zibo experienced a slight decline. The futures market fluctuated and trended lower, while the spot market remained stable with a slight drop. Today, dealers' offers decreased by 20-30 yuan, with a generally subdued market atmosphere, though actual transactions were acceptable. Currently, the mainstream delivery price for calcium carbide-based PVC (Type 5) is in the range of 4,560-4,600 yuan/ton.
Chempricehub's analysis of PVC gives a long-short score of -1.
Analysis: The article indicates that spot market offers for PVC in Zibo decreased by 20-30 yuan, with the mainstream delivery price dropping to 4,560-4,600 yuan/ton. The futures market fluctuated and trended lower, reflecting short-term price pressure due to oversupply or weak demand. The market atmosphere was generally subdued, but transactions remained acceptable, suggesting limited declines and no panic selling, which constitutes a generally bearish impact on spot prices.