May 22 News – On May 22, the PVC market in the Zibo area was weak, with the futures market continuing its bearish trend. Spot prices followed market conditions, and distributor quotations dropped by 50–70 yuan/ton compared to the previous trading day. Market sentiment remained subdued, and actual transactions were moderate. Currently, the mainstream ex-works price for calcium carbide-based Type 5 PVC is in the range of 4,700–4,750 yuan/ton.
Chempricehub PVC Analysis
Bullish/Bearish Score: -1
Spot Side: The PVC market in Zibo remained weak, with distributor quotations down 50–70 yuan/ton from the previous trading day. The mainstream ex-works price for calcium carbide-based Type 5 PVC is currently in the 4,700–4,750 yuan/ton range. Market sentiment was低迷 (subdued), and actual transaction performance was ordinary.
Futures Side: The futures market continued its weak pattern. With no clear fundamental support on the supply-demand front, prices remain under pressure in the near term.
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