(Notes: all of the prices were for delivered to E-China; carbide-based material prices were without tax in N-China, ethylene-based materials prices were for Qilu Chemical Town.)

    PVC market stopped declining in this week and the market sentiment was better. The dealing situation had no obvious improvement. Market dealers were always worried and cautious, so the market supplies were consumed slowly. The carbide-based plants would not reduce the prices near to the cost-line, and the ethylene-based materials could not keep the prices high either because of the reduction of ethylene prices. Up to the weekend, the general carbide-based materials were mainly quoted at Yuan 7,250-7,300/mt in S-China, and the prices in E-China were quoted at Yuan 7,200-7,250/mt. General ethylene-based materials were quoted at Yuan 7,300-7,600/mt, which were declined by Yuan 100/mt than last week.

    PVC ex-works of plants were basically stable in this week. The plants who held lower quotations had more orders in this week, so they improved the prices narrowly when the inventory pressure released. The mainstream ex-works prices for SG-5 materials in Shandong were quoted at Yuan 7,150-7,300/mt for acceptance, and the quotations in Henan were at Yuan 7,050-7,150/mt. Though the ethylene-based materials were supported by the cost, the prices difference with carbide-based materials was large so the selling pressure was serious.