Group 1 - The PVC futures market is experiencing a downward trend, with the main contract opening at 4490.00 CNY/ton and showing a decline of 1.22% during the day [1] - Domestic PVC supply is expected to increase due to a reduction in planned maintenance among producers, while demand remains weak with downstream manufacturers operating at low levels [1] - The overall PVC market is facing challenges, with limited positive factors and expectations of further price declines [1] Group 2 - Supply pressures continue as new production capacity is released, despite a slight decrease in operating rates last week [2] - Demand is entering a seasonal slowdown, with mixed performance in different product categories [2] - Inventory levels are rising, and the overall supply-demand balance for PVC remains weak, indicating a bearish long-term trend [2]
PVC供需维持弱势局面 预计价格仍有下行空间
Jin Tou Wang·2025-11-20 06:05