On January 9, the PVC market in Zibo continued to experience sluggish conditions, with futures prices fluctuating downward and the spot market following suit. Today, dealer quotations have declined by 20–30 yuan compared to yesterday. Despite a slight uptick in market sentiment and relatively stable actual transactions, the overall trend remains bearish. The current mainstream ex-works price for calcium carbide-based PVC type 5 is in the range of 4,550–4,600 yuan per ton.

PriceSeek's analysis of PVC indicates a bearish score of -1. The article highlights a decline in spot PVC prices in the Zibo region, with dealer quotations dropping by 20–30 yuan compared to the previous day. The mainstream ex-works price for calcium carbide-based PVC type 5 has fallen to the range of 4,550–4,600 yuan per ton, suggesting oversupply or weak demand as short-term bearish factors. The futures market's downward fluctuations, combined with yesterday's data (e.g., the closing price of the main contract 2605 at 4,905 yuan per ton, a settlement price of 4,933 yuan per ton, and a decline of 21 yuan), along with changes in open interest, reflect cautious market sentiment, which may further weigh on spot prices. Although the slight improvement in market sentiment and relatively stable actual transactions provide some support, the overall downward price trend is evident, resulting in a generally bearish rating.