Today, the PVC market trends in different regions of China are slightly different, as shown below.

Underpinned by strong ex-factory quotes from manufacturers and higher futures opening, the trading atmosphere in the PVC market in East China has improved, with a decrease in previous low price offers. According to local traders, the main futures contracts for the new week continue to rise in opening, with some downstream customers who held a wait-and-see attitude starting to purchase, supporting the average price of the spot market to rise.

On the other side, the PVC market in South China is still dominated by a thick wait-and-see sentiment. Under the influence of the upward opening of the main futures contracts, some traders have slightly raised their prices. However, the downstream users have responded calmly, making the average price of local transactions unchanged at the early price level. As the Spring Festival holiday approaches, some downstream product enterprises have completed pre-holiday stocking. In the context of weakening demand support, these manufacturers prioritize sales in practice.