April 14th News: On April 14th, the PVC market in Linyi continued the fluctuating downward trend observed the previous day. The futures market experienced weak fluctuations, while spot prices followed market conditions. Dealers' quotations were approximately 50 yuan lower compared to the previous trading day. Market sentiment remained moderate, though transaction activity was acceptable. Currently, the mainstream quotation for calcium carbide-based PVC type 5 is in the range of 4,950–5,050 yuan per ton.
Chempricehub's analysis of PVC assigns a bearish score of -1. The article notes that spot PVC prices in Linyi decreased by 50 yuan compared to the previous day, with mainstream quotations dropping to 4,950–5,050 yuan per ton. Market sentiment was moderate, but transaction activity remained acceptable, while the futures market exhibited weak fluctuations. Combined with yesterday's futures data (e.g., the closing price of the main contract 2605 was 4,968 yuan per ton, down 37 yuan), this indicates that persistent oversupply or weak demand continues to exert downward pressure, leading to a synchronized decline in both spot and futures prices, constituting a generally bearish influence.
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