1、 Price trend

Latest price (November 16): 9140 yuan / ton

Key points of analysis: according to the data monitoring chart of business agency, on November 16, the closing price of PVC main contract 2201 was 8359 yuan / ton, a decrease of 3.62%. The futures price fell for two consecutive days, driving the price of spot market to move downward. Most enterprises reduced the price in the range of 50-200 yuan / ton, and the market center of gravity began to move downward. Although the price of raw calcium carbide rose and the cost support was still in place, it entered the off-season, The downstream demand gradually weakened, the procurement also continued to maintain rigid demand, bargain hunting, and the holders sold at a profit, but the actual transaction atmosphere was poor. It is expected that the PVC market may continue to decline in the short term.

Forecast: the PVC market is expected to continue to decline in the short term.