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PVC Market Morning Briefing
Currently, the fundamentals of PVC show no significant improvement. In the domestic PVC spot market, prices are continuing to fluctuate in the short term due to regional influences. Expectations of restrictions on international crude oil supply have led to rising ethylene costs and anticipated reductions in supply. Ethylene-based PVC is also affected, with increased costs and a downward trend in future production. The rapid rise in PVC spot prices is driven by cost factors. In the short term, prices may remain firm, but caution is advised as easing tensions could trigger a collapse in costs and impact prices. (Longzhong Information)