On January 16, the PVC market in the Zibo region experienced a slight decline, with the futures market fluctuating downward and the spot market stabilizing with a slight drop. Today, dealers' quotations fell by 20–30 yuan, and market sentiment remained moderate, though actual transactions were relatively stable. Currently, the mainstream delivery price for calcium carbide-based PVC type 5 is in the range of 4,560–4,600 yuan per ton.
PriceSeek's analysis of PVC indicates a bearish score of -1.
Analysis: The article shows that quotations in the Zibo PVC spot market have dropped by 20–30 yuan, with the mainstream delivery price falling to 4,560–4,600 yuan per ton. The futures market has also fluctuated downward, reflecting short-term price pressure due to oversupply or weak demand. Market sentiment remains moderate, but transactions are relatively stable, indicating limited declines and no signs of panic selling. This generally exerts a bearish influence on spot prices.
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