1. Focus Points

1 【Longzhong】 4/1: Market attention has shifted from production sanctions to US tariff policies, raising concerns about the impact on demand prospects, leading to a decline in international oil prices. NYMEX crude oil futures contract for May fell 0.28 USD per barrel to 71.20 USD, down 0.39%; ICE Brent crude oil futures contract for June also fell 0.28 USD per barrel to 74.49 USD, down 0.37%. China's INE crude oil futures main contract 2505 rose 11.6 to 549 yuan per barrel, with the night session closing up 4.3 to 553.3 yuan per barrel.

2、 Electricity stone: (Note: "电石" is typically translated as "calcium carbide" in scientific or industrial contexts. If this is the term you meant, please let me know and I can adjust the translation.) Yesterday, the mainstream trade price in Wuhai, Ningxia region stabilized at 2700 yuan/ton, and enterprises had smooth shipments. Yesterday, the power rationing in Inner Mongolia region affected some companies, increasing their willingness to ship goods. Currently, there has been an increase in the number of trucks waiting to unload, and demand in Sichuan province has recovered with active purchasing. It is expected that today's calcium carbide market will remain stable. 。

3 PVC: Yesterday, the domestic PVC market saw a slight upward shift in price focus, with a subdued inquiry atmosphere and a decrease in transactions. Throughout the week, there were no significant changes in the PVC fundamentals, with few new maintenance enterprises and general lack of enthusiasm from downstream. There are macro expectations for stimulus policies, and the bulk market has seen fluctuations and increases, with PVC spot prices remaining strong. As of April 1, the cash prices for calcium carbide method PVC in East China were between 4870-5020 yuan/ton, and for ethylene method, they were between 5000-5150 yuan/ton.

Price List

Market Outlook

This week, there are no additional PVC companies undergoing maintenance, and production is expected to remain high, while domestic demand remains subdued. However, positive macroeconomic policy expectations have boosted short-term market sentiment, and spot costs are stabilizing. It is anticipated that today's PVC spot market will maintain range-bound fluctuations, with the price of SG-5 in East China expected to range between 4,800-5,000 yuan/ton. After the Qingming Festival holiday, PVC plant maintenance will gradually increase, which will alleviate supply-side pressure and provide some support to market prices.

IV. Data Calendar