Today, the domestic PVC market price rose, the futures price fluctuated upwards, and there was no advantage in the basis offer. However, most of the terminal enterprises are closed for holidays, the enthusiasm for inquiries is not high, and the overall transaction in the spot market is not much. The price center of calcium carbide method PVC market in East China has moved up, and futures have fluctuated higher. However, as the Spring Festival holiday is approaching, traders are not very motivated to operate. Some traders have been on holiday. There was not much investment, and hedgers were more active in taking goods, and there were certain transactions. With the increase of futures prices, some traders raised their prices by 30-50 yuan/ton in the afternoon. Today, the mainstream transaction range of East China Type 5 spot exchange warehouse is 8650-8780 yuan / ton, and the market is higher and lower. There are not many quotations in the ethylene-based PVC market in East China, and most of the downstream are on holiday. In addition, logistics and transportation are limited. The quotations of traders are temporarily stable, but there are few transactions. The PVC market price in Guangzhou area is rising, and the futures price is rising. During the holiday, the enthusiasm for inquiries was not high, and some hedgers took orders. The mainstream transaction range of ordinary type 5 calcium carbide is 8680-8780 yuan / ton. The price of ethylene method is temporarily stable. Wanhua 1300 type small package is quoted at 9,200 yuan/ton for self-pickup, and Dagu 800/1000 type is pre-sold at 9,200 yuan/ton for self-pickup after the Spring Festival. The PVC market atmosphere in North China improved, the futures fluctuated and strengthened, and the spot transaction was normal, but traders were not in a hurry to ship, and the price rose slightly. Hebei is now remitted to 8550-8600 yuan/ton, and Shandong is now remitted to 8650-8700 yuan/ton.
Prediction: Today's domestic PVC market prices are rising, and spot transactions are not much, slightly better than yesterday. Some hedgers receive orders, most downstream product companies are on holiday, and some stock a small amount. Most PVC enterprises will no longer receive orders before the Spring Festival, and the fundamental contradiction is not big for the time being. At present, market participants have a strong wait-and-see attitude. It is difficult for traders to make a deal at one price. Most of the real orders have room for negotiation. Some spot traders still have the intention of continuing to ship. -8800 yuan/ton.