Product name: PVC

Latest price on August 23rd: 6,176 RMB/ton

Analysis review

On August 23rd, the PVC spot market rose, and the upstream calcium carbide market was operating at a high level, with strong cost support. In addition, the upward trend of futures on 23rd further boosted the confidence of the spot market. Overall, the trading sentiment in the PVC spot market had improved, with an increase in inquiries. However, actual order procurement remained cautious, with downstream customers mostly watching and purchasing on demand.

Market outlook

In the short term, the PVC spot market may continue to be stronger.

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