According to data monitored by SunSirs, the spot market price of PVC fell in October. On October 1st, the average price of PVC in China was 5,986 RMB/ton, while on October 30th, the average price was 5,854 RMB/ton. The price fell by 2.21% during the month.

The spot market price of PVC fell in October. After the National Day holiday in early this month, futures prices opened at a low price, and the futures market weakened slightly. The market confidence in the two markets was significantly insufficient, and PVC spot prices were lowered. In the middle of the year, the upstream calcium carbide market prices significantly declined, with futures trading weaker and more volatile. The trading atmosphere on the market was relatively light, and people were cautious and cautious. The PVC spot market lacked confidence, resulting in a price reduction. In the latter half of the year, there has been a rebound in both markets, with a slight increase in spot market prices. However, downstream procurement enthusiasm is generally average, with purchases mainly on demand and ready to use. As of now, the quotation range for PVC 5 type carbide materials in China is mostly around 5,700-5,870 RMB/ton.

PVC analysts from SunSirs believe that the factory prices of calcium carbide in the northwest region fell in October, with average cost support. The enthusiasm for downstream procurement is average, and actual transactions are limited, with most enterprises mainly focusing on stability and wait-and-see. It is expected that the PVC market may continue to fluctuate within the range in the short term, and closely monitor changes in the news.

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