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Analysis of PVC raw material prices, May 12, 2017. Today, the domestic PVC market showed a modest performance, with average sales levels. Quotations from upstream companies remain unchanged ； Traders maintain a cautious and steady attitude ； The terminal maintains a procurement model that relies on small orders. The prevailing transaction price of SG-5 produced by the calcium carbide method in the East China market is 5,680–5,800 yuan per ton ； The prevailing transaction price for SG-5 produced by the calcium carbide method in the South China market is 5,750–5,800 yuan per ton ； In North China, the pre-tax mainstream transaction price for SG-5 is 5,320–5,370 yuan per ton. 1. Good news today: Salt Lake Haina went offline due to a malfunction on February 14 ； Xinjiang Yihua stopped production on February 17 ； Neimenggu Junzheng began maintenance work on the evening of April 16 and completed it on April 7 ； Jinyuyuan plans to carry out maintenance at 12 a.m. on April 25, with the maintenance scheduled to last for a week ； Shining Hero in Xinjiang: Shutdown and maintenance of 250,000-ton old plant ； Yibin Tianyuan’s 380,000-ton plant is under maintenance as of May 3 ； Henan Lianchuang’s 300,000-ton plant undergoes maintenance on May 5 ； Yangmei Hengtong will undergo maintenance on May 7th, with a planned maintenance period of 20 days ； The PVC futures for contract 1709 dropped by 40 yuan per ton, closing at 5,755 yuan per ton, a decline of 0.69%. 2. Negative news today: Environmental inspections are being carried out across the country, with a focus on addressing serious environmental issues and **no leniency allowed** ； WTI crude oil futures rose by $0.50, or 1.06%, to $47.83 per barrel. Brent crude oil futures rose by $0.55, or 1.10%, to $50.77 per barrel. 3. Characteristics of intraday market trading: Monitoring indicators and description of characteristics; Key factors today: Decline in futures prices; Volume and price: Stable volume and price; Supply: Corporate inventories are decreasing; Community inventories are in a phase of reduction; End-users are seeking products at lower prices; Traders are selling goods at discounted prices to complete transactions; Dominant attitude: Maintain stable prices. 4. Finding the transaction price for plastics: PVC transaction prices as of May 12th (unit: yuan/ton). Manufacturer, grade, transaction price, change in price, region of transaction, delivery method: Salt Lake SG-5 – 5700, 0%; South China, pick-up; Zhongtai SG-5 – 5850, 0%; South China, pick-up; Junzheng SG-5 – 5850, 0%; South China, pick-up; Salt Lake SG-5 – 5700, 0%; East China, pick-up; Zhongtai SG-5 – 5800, 0%; East China, pick-up; SinoSalt SG-5 – 5750, 0%; East China, pick-up. 5. Views of plastic analysts: PVC futures are experiencing volatile declines, while the spot market shows a weak trend with average transaction levels. Inventory levels among upstream companies are low, and factory prices remain strong ； Traders sell at stable prices ； The terminals continue to adopt a model focused on meeting essential demands. It is estimated that the domestic PVC market will remain in a range-bound trading pattern in the next trading day; close attention should be paid to futures prices, inventory levels, and downstream demand. (Excerpt from China Chemical Products Network)