Group 1 - The core viewpoint of the article indicates that the PVC futures market is experiencing a downward trend, with the main contract falling by 1.71% to 4591.00 yuan/ton on December 22 [1] Group 2 - In the spot market, the PVC prices in the Linyi region continue to show weakness, with dealers generally lowering their quotes to prioritize sales, resulting in a lackluster market atmosphere and low actual transactions [2] - The mainstream price for the electric calcium carbide method is reported to be in the range of 4320-4360 yuan/ton [2] - On the supply side, Hualian Futures notes that the operating rate has continued to decline week-on-week, primarily due to some facilities reducing output, although overall supply remains high [2] - There is no new capacity expected next year, indicating that supply expansion is nearing its end [2] - On the demand side, Southwest Futures reports a decrease in operating rates among downstream product enterprises, mainly due to a decline in the operation of hard products [2] - The cost-profit aspect shows a decline in caustic soda prices, while liquid chlorine prices have increased week-on-week, leading to an overall decrease in chlor-alkali profits [2] - Overall, Wukuang Futures states that the reality of strong supply and weak demand in the domestic market makes it difficult to reverse the oversupply situation, with a poor fundamental outlook [2] - Short-term sentiment may lead to a rebound, but the prevailing strategy remains to sell on rallies until substantial production cuts occur in the industry [2]
总体供应仍在高位 预计短期PVC期价震荡略偏弱
Jin Tou Wang·2025-12-22 08:04