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【PVC Morning Report】It is expected that the domestic PVC prices will continue to show a slight upward trend today.

Longzhong 2025-03-25 08:50:27

I. Points of Focus Translate the above content directly into English as follows: - Points of Focus

1. The U.S. plans to impose additional sanctions on Venezuela, potentially increasing supply risks, and raising oil prices on the NYMEX.The May contract for OPEC increased by $0.83 to $69.11 per barrel, up 1.22% week over week; the ICE Brent futures contract for May rose by $0.84 to $73.00 per barrel, up 1.16% week over week. China's INE crude oil futures main contract for May surged by 2.0 to 533.3 yuan per barrel, and during the night session, it further increased by 5.5 to 538.8 yuan per barrel.

2. Calcium Carbide: Domestic market over the weekendStable operation, the mainstream trade price in the UH region remains steady at 2700 yuan/ton, with smooth shipping for producing enterprises. Repair plant output gradually recovers, enhancing supply capacity. Downstream regional stock不足 intensifies, repair works in Sichuan region take effect, regional demand weakens, downstream delivery gradually improves, but the blackouts that occurred throughout the night on Thursday again raised concerns in the market due to supply instability, cautious market adjustments are expected. It is anticipated that domestic calcium carbide market will maintain a stable and watchful stance tomorrow, with the impact of blackouts on the supply side becoming the key factor influencing the market.

3, PVC: Yesterday domesticPrice increases, ranging from 50-70 yuan/ton, with slightly improved transactions. During the weekend, positive signals were released on the macro level. Influenced by this, commodity futures and stock indices performed well in the morning session, boosting the trading atmosphere in the spot market. Merchants actively followed the price increases, and the price centers of spot prices in various regions moved up. High-end price transactions were limited. As of March 24, the spot cash ex-warehouse price of the electric carbide method type 5 in East China was 4880-5050 yuan/ton, and the ethylene method stabilized at 4950-5200 yuan/ton.

### Price Table Here is the translation of the provided content into English, directly formatted as requested: --- **II. Price Table** (Translation of the original content regarding the price table would follow here, assuming the original text provided a structured table or content related to pricing. Since the original text does not provide specific details of a price table, this section remains as a placeholder for such information.) If there were specific items, rates, or additional details, they would be listed here in a structured format. For example: - **Item A**: $100 - **Item B**: $200 - **Service Package**: $300 (Any additional specific details regarding pricing would be included in this section.)

Market Outlook

Recently, the expected improvement in macro policies and the favorable development in the upstream black color segment have pushed PVC intraday prices higher. From the basic supply and demand situation, the market is currently at a stalemate. However, looking ahead, with the upcoming concentrated maintenance season, the market expects supply to slow down while demand remains steady. Costs are expected to stabilize in the short term, and the market is still expected to be guided by the spot market, but the underlying supply continued to support price increases, hence it is expected that today's domestic PVC market price will continue to rise slightly.

Four, Data Calendar

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【PVC Morning Report】It is expected that the domestic PVC prices will continue to show a slight upward trend today.

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