April 29 News – On April 29, the PVC market in Linyi remained largely stable, with futures experiencing narrow adjustments while spot prices were relatively firm. Dealer quotations showed minimal changes, market sentiment was moderate, and transaction volumes were acceptable. Currently, the mainstream quotation for Grade 5 calcium carbide method PVC ranged between RMB 5,100 and 5,150 per metric ton.

Chempricehub PVC Analysis – Bullish/Bearish Rating: 1
The report indicates that PVC spot prices in Linyi remained stable and firm, with mainstream quotations ranging from RMB 5,100 to 5,150 per metric ton. Market transaction volumes were moderate, suggesting stable demand supporting spot prices, which is favorable for spot market trends. Futures experienced narrow adjustments; however, based on the latest futures data, the PVC main contract (e.g., 2701 contract) closed up 49 points at RMB 5,443 per metric ton, with a settlement price of RMB 5,339 per metric ton, showing a positive change, indicating that long-side momentum is dominant. The firm spot market provides upward support for futures. Overall, supply-demand balance, combined with a slight uptick in futures, exerts a generally positive impact on prices.