On January 6, the PVC market in Linyi experienced a significant price surge, with futures continuously climbing and the spot market following suit with a notable increase. Dealers exhibited a strong bullish sentiment in their quotations, generally raising prices by 50-80 yuan compared to the previous day. Market sentiment improved, and trading activity remained satisfactory. Currently, the mainstream quotation for calcium carbide-based PVC (Type 5) is in the range of 4,560-4,600 yuan/ton.
PriceSeek's analysis of PVC indicates a bullish-bearish score of 1.5. The article highlights that spot prices of PVC in Linyi have generally risen by 50-80 yuan/ton, with dealers showing strong bullish sentiment in their quotations. Market sentiment has improved, and trading activity remains satisfactory, with mainstream quotations rising to the range of 4,560-4,600 yuan/ton. This suggests robust short-term demand or tight supply, significantly benefiting spot prices. Additionally, the article mentions the continuous rise in the futures market, further reinforcing bullish expectations and supporting the upward trend in spot prices.
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