January 26th News
On January 26th, PVC prices in the Zibo region rose. The futures market experienced volatile gains, and the spot market followed suit. Today, distributors' quotations increased by 30–50 yuan compared to the previous trading day. Market sentiment warmed up, and actual transactions were satisfactory. Currently, the mainstream delivery price for calcium carbide-based PVC type 5 is in the range of 4,680–4,730 yuan/ton.
Chempricehub's analysis of PVC gives a long-short score of 1.5. The article points out that spot PVC prices in the Zibo region increased by 30–50 yuan/ton, with the mainstream delivery price rising to the range of 4,680–4,730 yuan/ton. The warming market sentiment and satisfactory transactions indicate strengthened demand or tight supply, which significantly benefits spot prices. Although the futures market is described as experiencing volatile gains, combined with the current trend of spot prices following the upward movement, the overall market sentiment is positive, supporting expectations of further price increases.