On February 5, the PVC market in Zibo experienced a decline. The futures market fluctuated within a range, while the spot market adjusted accordingly. Today, dealer quotations were 50–70 yuan lower compared to yesterday. Market sentiment was moderate, but actual transactions remained acceptable. Currently, the mainstream delivery price for calcium carbide-based PVC type 5 is in the range of 4,800–4,850 yuan per ton.

PriceSeek analysis of PVC:
Bull-bear score: -1

Spot market: The PVC market in Zibo declined, with dealer quotations down 50–70 yuan compared to yesterday. The mainstream delivery price for calcium carbide-based PVC type 5 fell to 4,800–4,850 yuan per ton, reflecting weak demand and moderate market sentiment. Although actual transactions were acceptable, the price drop indicates oversupply or insufficient demand, constituting a mild bearish factor.

Futures market: The market fluctuated within a range. The main contract 2605 (Dalian Commodity Exchange) closed at 5,155 yuan per ton, with a settlement price of 5,108 yuan per ton, up 50 yuan from the previous day. This suggests price volatility without a clear trend, indicating a neutral overall outlook. The decline in the spot market may weigh on short-term futures performance, but data supports a fluctuating pattern.

Comprehensive score: -1, as the clear decline in the spot market dominates the bearish impact, while the neutral futures market partially offsets it.