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Analysis of PVC raw material prices on August 25, 2017: On August 25, 2017, the transaction prices in China’s domestic PVC spot market saw a slight upward trend. Although the futures market was experiencing fluctuations and upward movements, there was a limited supply of goods available. However, due to environmental regulations, manufacturers of end products faced restrictions on operations, which reduced their willingness to purchase PVC. The prevailing transaction price of SG-5 produced by the calcium carbide method in the East China market is 7,420–7,530 yuan per ton ； The prevailing transaction price of SG-5 produced by the calcium carbide method in the South China market is 7,600–7,650 yuan per ton ； In North China, the pre-tax mainstream transaction price for SG-5 is 6,750–6,800 yuan per ton. 1. Good news today: The production facility of Jining Jinwei was shut down on June 29 and has not yet resumed operation ； The 340,000-ton-per-year plant in Chengdu Huarong was shut down for maintenance on August 15, with a planned maintenance period of 15 days ； Glantai will undergo equipment maintenance on August 19, with a planned maintenance period of 7 days ； Yanhu Haina, Qinghai Salt Lake, and Yanhu Magnesium Industry are all shut down ； The 100,000-ton facility at Taishan Salt Chemical is under maintenance as of the 23rd, with a planned duration of 10 days ； The production inspections in Inner Mongolia, as well as the 70th anniversary celebrations there at the beginning of August, will have a certain impact on the manufacturing enterprises in the Northwest region. Xinjiang Yihua has had its safety production license revoked. 2. Negative news today: Affected by policy factors such as environmental regulations, the operations of terminal product manufacturers have been severely impacted. WTI crude oil futures for October closed down $0.98, or 2.02%, at $47.43 per barrel. Brent crude oil futures fell by $0.53 in October, dropping 1.01% to $52.04 per barrel. 3. Characteristics of intraday market trading: Monitoring indicators and description of characteristics; Key factors today: Higher demand for futures driving prices up; Volume and price: Low volume but firm prices; Supply: Enterprise inventories at low levels; Social inventories also at low levels; End-users: Adopting a wait-and-see attitude; Traders: Trying to maintain high prices while selling; General market sentiment: Wait-and-see. 4. PVC transaction prices as of August 25th (unit: yuan/ton): Manufacturer, grade, transaction price, percentage change, region of transaction, delivery method – Junzheng: SG-5, 7650, 20%, South China, pick-up; Yili: SG-5, 7650, 20%, South China, pick-up; Zhongtai: SG-5, 7650, 20%, South China, pick-up; Ordos: SG-5, 7520, 50%, East China, pick-up; Yili: SG-5, 7530, 50%, East China, pick-up; Jintai: SG-5, 7550, 0%, East China, pick-up. 5. Views of plastic industry analysts: The overall trend in the domestic PVC market today is decent. Driven by strong increases in futures prices, spot market prices have risen slightly again. However, end-users are significantly affected by environmental regulations, with many factories shutting down; as a result, their willingness to purchase is moderate, leading to average sales volumes in the market. Regarding plastics, it is expected that the domestic PVC market will remain in a state of wide fluctuations in the short term; it is advised that industry players keep a close eye on PVC futures, inventory levels, and downstream demand. (Excerpt from China Chemical Products Network)