Summary of today market and Predict of PVC Resin

July 03, 2020

PVC was once the world's largest producer of general-purpose plastics and has been widely used. PVC has two types: hard (sometimes abbreviated as RPVC) and soft. Hard Polyvinyl Chloride is used for building pipes, doors and windows. It is also used to manufacture plastic bottles, packaging, bank cards, or membership cards. Adding plasticizers can make PVC softer and more elastic. It can be used for pipeline, cable insulation, flooring, signage, phonograph records, inflatable products, and rubber substitutes.

The atmosphere of the domestic PVC market is good. Futures continue to rise and the spot trading atmosphere is boosted. The overall transaction is improved and the merchants' mentality has improved. Prices in various markets have increased.

Prediction: Market atmosphere has improved and futures rose significantly under recent macro-driven. The supply and demand side of the spot eased, short-term supply and demand contradictions are not prominent. Market participants have a strong wait-and-see attitude. Investors have slightly different views. Current futures market is still strong. The PVC market is expected to fluctuate slightly next week.

We have done chemical products for over 30years. Our main products include PVC Resin, CPE, TIO2, Pe Wax, Paraffin Wax, Stabilizer, Stearic Acid ETC.

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