January 9th News
On January 9th, the PVC market in Zibo continued to experience sluggish conditions. The futures market fluctuated and declined, while the spot market followed suit, with today's dealer offers dropping by 20–30 yuan compared to yesterday. Market sentiment warmed up, and actual transactions remained relatively stable. Currently, the mainstream delivery price for calcium carbide-based PVC Type 5 is in the range of 4,550–4,600 yuan per ton.

Chempricehub's analysis of PVC indicates a bearish score of -1. The article shows that spot PVC prices in Zibo have declined, with dealer offers dropping by 20–30 yuan compared to yesterday. The mainstream delivery price for calcium carbide-based PVC Type 5 has fallen to the range of 4,550–4,600 yuan per ton, suggesting that ample supply or weak demand has led to short-term bearish pressure. The futures market's fluctuating decline, combined with yesterday's data (such as 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, indicates cautious market sentiment, which may further weigh on the spot market. Although the warming market sentiment and relatively stable actual transactions provide some support, the overall downward price trend remains evident, resulting in a generally bearish rating.