Why is the actual purchase price of pvc lower than that of futures? Our company actually bought sg-5 pvc at the spot price of 6 150 yuan ton, but now the general quotation in the futures is higher than this. I'll tell you why.

Pvc is a chemical product, which is greatly influenced by storage, transportation and current oil price. The futures price is generally about 500 higher than the spot price.

This also includes the time value of futures. People think that there are fewer companies hedging here. If people want to speculate, they usually look for forward contracts.