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PVC market quotes fluctuate within a narrow range of market operations

PVC market quotes fluctuate within a narrow range of market operations

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January 19, Shandong Shun Fat PVC shipments can still be tight supply, 5 type material factory reported 4640 yuan / ton cash; Inner Mongolia triple PVC5-type factory acceptance of the North 4500 yuan / ton; Shanxi Yushe PVC stock is small, 5 Type on the surrounding factory price 4700 yuan / ton.
 
According to the Generic Plastics Index, the General Plastics Index for January 17 was 737 points, unchanged from yesterday's gains and down 33.84% from its highest 1114 points (2013-12-12) in the cycle, which is a slight decrease from the lowest point of December 23, 2015 726 points up 1.52%. (Note: the cycle refers to 2011-12-01 so far)
 
According to the PVC Commodity Index, the PVC Commodity Index on January 17 was 59.24 unchanged from yesterday's. The index was 40.76% higher than the highest point of 100.00 points (2011-09-05) in the period. This factor represents a 58.27 points loss from the lowest of December 20 of 2015. Rose 1.66%. (Note: the cycle refers to 2011-09-01 so far)
 
Traders to maintain cautious, wait and see attitude, accompanied by the market operation, the downstream to a small single-based procurement, trading volume is low, short-term PVC market consolidation pattern will continue.

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