PVC Market Morning Briefing

In the short term, domestic PVC spot market prices are continuously affected by regional influences, with expectations of restrictions on international crude oil supply, leading to rising ethylene production costs and anticipated reductions in supply. Ethylene-based PVC is also impacted, with increased costs and expected decreases in operating rates. In the short term, the PVC market is strongly supported by costs, and it is expected that PVC spot prices will remain high. Ongoing attention should be paid to raw material trends, downstream resumption of work, and inventory reduction progress. (Longzhong Information)