On January 15, the PVC market in Zibo experienced narrow fluctuations. The futures market initially surged but later retreated, while the spot market remained generally stable. Today, distributors' quotations showed little change, with market sentiment being moderate and actual transactions performing reasonably well. Currently, the mainstream ex-works price for calcium carbide-based PVC (type 5) is in the range of 4,580–4,630 yuan per ton.