April 7th news: On April 7th, the PVC market in Zibo region experienced an upward trend. The futures market opened low but closed high, and the spot market followed suit with an increase. Today, dealers raised their quotations by 30–50 yuan, although market sentiment weakened and actual transactions remained moderate. Currently, the mainstream delivery price for calcium carbide-based PVC type 5 is in the range of 5,400–5,450 yuan/ton.
Chempricehub analysis of PVC: Bull-bear score: +1.
The article indicates that spot PVC prices in Zibo followed the upward movement of futures, with dealer quotations rising by 30–50 yuan/ton. The mainstream delivery price for calcium carbide-based PVC type 5 increased to 5,400–5,450 yuan/ton, suggesting that the spot market was driven higher by the low-open, high-close trend in futures. On the futures side, the main PVC contract, such as 2701, closed at 5,556 yuan/ton (change: +7), reflecting a positive trend. However, the weakening market sentiment and moderate actual transactions indicate demand-side pressure, which may limit further gains. Overall, the synchronized rise in futures and spot markets is dominated by positive factors, but weak demand restrains the upside potential, hence the rating of "generally positive" with a score of +1.
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