September 22 report:
This daily report is based on the analysis of mean difference, incorporating the latest spot market and average price data as of September 21, 2026. The current PVC price is in a fluctuating trend. Over the medium to long term, within a 1-year cycle, the price is supported at a relatively low to mid-level with strong support. In the short term, within a 3-month cycle, the price is suppressed by a higher mid-level, limiting the rebound space. Recently, the spot market has seen low trading volumes, and downstream players are adopting a wait-and-see attitude.
Official content
I. Data Description
The most recent available data is up to September 21, 2026. It is recommended to refer to real-time data.
II. Table of Finite Differences
| Difference Type | Value as of September 21, 2026 | Value as of September 20, 2026 | Direction of Change |
|---|---|---|---|
| 5-Day Difference (D5) | 12.00 | -3.20 | + |
| 10-Day Difference (D10) | -76.50 | -82.60 | + |
| 20-Day Difference (D20) | -50.00 | -28.70 | - |
III. Signal State Determination
The current mean difference change combination is (+, +, -), corresponding to a strong rebound signal (biased towards an increase, with the nature of a rebound).
IV. Conclusion on Trend Direction
The current trend of PVC prices is fluctuating, because the changes in the three averages compared to the previous day are not entirely consistent, which meets the criteria for a fluctuating trend. Overall, it has a rebounding characteristic.
V. Positional Space Reference
60-day cycle: Price is at the median, with longs and shorts in equilibrium.
3-month cycle: Prices are at a mid-to-high level, with short-term upside constrained.
1 year cycle: Prices are at a medium-low level, with limited room for long-term decline.
VI. 1-Year Price Trend Chart
VII. Recent Spot Market Developments
On September 18, 2026, the PVC market in Zibo area of China saw a decline, with the futures market fluctuating downward. The spot market was affected, and dealer quotes decreased slightly by 30-50 CNY/ton compared to the previous day. In the afternoon, more traders withdrew from the market, and actual transactions were scarce. Currently, the main pick-up price for calcium carbide method type 5 is in the range of 4690-4740 CNY/ton.
On September 18, 2026, the PVC market in the Linyi area of China experienced a weak adjustment. The futures trend was weak, and the spot market was sluggish. Dealers lowered their quotations slightly by 20-50 CNY/ton. The market was mainly in a wait-and-see mode, with poor transactions. Currently, the mainstream quotation for the calcium carbide method 5 type is in the range of 4700-4750 CNY/ton.
Eight, Reference of Upstream and Downstream of the Industry Chain in China
Upstream commodities: chlorine, dichloroethane, vinyl chloride, calcium carbide, ethylene
Downstream products: PVC foam, PVC auto parts, cables, wires, shoe soles, PVC profiles, toys, PVC pipes, artificial leather, PVC boards, PVC films
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
