SunSirs: Forecast of China Domestic PVC Market on November 24

https://www.chemnet.com   Nov 25,2021 SunSirs

　　Latest price (November 23): 9,320 RMB/ ton

　　According to the data monitoring of SunSirs, on November 23, the closing price of PVC main contract 2201 was 8,805 RMB/ ton, down 1.11%. The futures price fell slightly, while the spot market continued to maintain a strong trend, and the enterprise offer continued to rise, mostly around 9,100-9,600 RMB/ ton. Although the raw material calcium carbide is still supported, the downstream demand has gradually weakened, and the fundamentals have not changed significantly. It is expected that China PVC market will run in a strong shoc.

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