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Analysis of PVC raw material prices on October 31: On October 31, 2017, the PVC futures market opened sharply higher, while the main spot prices remained stable; some prices saw a slight upward move as a test. Traders are actively shipping goods, there is an increase in inquiries from end-users, and many are keen to purchase supplies at low prices. The prevailing transaction price of SG-5 produced by the calcium carbide method in the East China market is 6,600–6,700 yuan per ton ； The prevailing transaction price of SG-5 produced by the calcium carbide method in the South China market is 6,650–6,750 yuan per ton ； In North China, the pre-tax mainstream transaction price for SG-5 is 6,150–6,200 yuan per ton. 1. Good news today: Xinjiang Yihua has had its safety production license revoked ； Shaanxi Beiyuan maintenance from October 18 to 31 ； Shandong Dongyue maintenance at the end of October ； Suzhou Huasu will be under maintenance for 10 days at the end of October ； Gansu Jinchuan will carry out maintenance at the end of October ； Qingdao Haijing will begin maintenance work on October 15th and it will last for about 10 days ； Shandong Dongyue plans to start maintenance work on October 30 ； Yinglite carried out maintenance on Type 3 and paste resin equipment on the evening of the 16th. WTI December crude oil futures rose by $1.26, or 2.39%, to close at $53.90 per barrel ； Brent crude oil futures rose by $1.14 in December, gaining 1.92% to close at $60.44 per barrel. 2. Negative news today: Affected by policy factors such as environmental regulations, the operations of terminal product manufacturers have been severely impacted. 3. Characteristics of intraday market trading: Monitoring indicators, description of characteristics, key factors today – rise in futures prices; volume and price: low volume and weak prices with stability; supply: corporate inventories have increased, while social inventories have decreased compared to the previous week. End-users are seeking lower prices; traders are actively offering discounts to sell their goods. The prevailing attitude is one of wait-and-see. 4. PVC transaction prices as of October 30 (unit: yuan/ton): Manufacturer, grade, transaction price, percentage change, region of transaction, delivery method. Junzheng SG-5: 6730, 30%, South China, pick-up; Sanlian SG-5: 6650, 50%, South China, pick-up; Zhongtai SG-5: 6730, 30%, South China, pick-up; Zhongtai SG-5: 6650, 0%, East China, pick-up; Beiyuan SG-5: 6700, 0%, East China, pick-up; Sanlian SG-5: 6550, 0%, East China, pick-up. 5. Views of plastic analysts: The PVC futures market has seen an upward trend against the general trend, which has helped improve the trading atmosphere in the spot market. The prevailing transaction prices remain stable, with some lower-end prices seeing slight increases. Quotations from upstream companies remain relatively stable ； Traders focus on stabilizing prices and actively clearing inventory ； The terminals have modest intentions to purchase, and they tend to actively seek low-cost suppliers. Given the plastic market situation, it is expected that the domestic PVC market will remain in a state of weak fluctuations in the short term. It is advised that industry players closely monitor PVC futures, inventory levels, and downstream demand. (Excerpted from China Chemical Products Network)