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The PVC Market Picks up in East China

2024-1-24


Today, underpinned by the continuous rise of major futures contracts, the PVC market in most parts of East China has rebounded. According to local traders, futures opened high and rose steadily. In the morning, most upstream companies chose not to quote. However, as futures prices increased, downstream companies began to chase up gains and replenish positions, improving the trading atmosphere in the market. In some regions, facing a rise in quotations, downstream users seemed less active in inquiries and purchases, still dominated by a wait-and-see sentiment, leading to unpleasant transaction volume.