February 25th News
On February 25th, the PVC market in the Zibo region showed a stable yet slightly upward trend. The futures market remained robust, while the spot market adjusted in line with prevailing conditions. Today, distributors raised their quotations by 10–20 yuan, with market sentiment remaining favorable, though actual transactions were moderate. Currently, the mainstream delivery price for calcium carbide-based PVC type 5 is in the range of 4,750–4,800 yuan/ton.
Chempricehub Analysis of PVC:
Bull-Bear Score: +1
The article indicates that spot PVC prices in the Zibo region are stable with a slight upward trend. Distributors raised their quotations by 10–20 yuan, with the mainstream delivery price ranging between 4,750 and 4,800 yuan/ton. This suggests tight spot market supply or strengthened cost support, which is favorable for spot prices. The futures market remained robust, and based on relevant data, the closing price of the PVC main contract, such as 2605, was 4,948 yuan/ton, up by 12 yuan. Trading volume surged significantly to 1.31 million lots, while open interest increased by 56,146 lots, indicating bullish market sentiment and capital inflows, providing support for futures prices. Overall, positive factors dominate, but moderate actual transactions limit the extent of price increases, resulting in a score of moderately bullish +1.0.