PVC Quotes High Position

Sinochem Xinhua reported that after the PVC market opened sharply higher this week, most regional markets entered a high consolidation phase on Tuesday, with only a few regions still moving upwards. On September 14, the mainstream transaction prices of calcium carbide method five-type materials in East China were concentrated at 7650-7700 yuan/ton, and the transaction prices for five types of calcium carbide materials in Guangzhou market in South China were mostly 7750 to 7800 yuan/ton.

There are two reasons why PVC prices have not been raised again: First, after the sharp rise in the market at the beginning of the week, although there was no obvious resistance in the downstream, but the intensity of receiving goods has weakened, the market's gains need to be further digested; Second, PVC** market The weakening has made the pushing power of the spot market limited, and in the face of the current high PVC prices, market participants have little confidence in the market's further rise.