In January, China’s polyvinyl alcohol market center of gravity rose. The industry load is low. From the end of last month to the beginning of this month, the manufacturer’s offer continues to rise, and the market focus rises accordingly. Spot supply is tight, short – term increase expected limited, some manufacturers limited volume, industry mentality is more cautious, some inventory is more positive.
The center of gravity is high, the cost side support is limited, the market worry mentality appears, the partial digestion of inventory is the main, the high price of stock is cautious, the user has the right amount of stock, the inquiry enthusiasm is high, the supply is limited, the negotiation atmosphere is general. Due to the impact of the Spring Festival holiday, market negotiations were light in the second half of the year. After the holiday, some manufacturers continued to increase their quotations, leading to a slow recovery of demand.
Remark: The analysis is based on transaction in China’s domestic market, it’s only for reference.
Contact information:pva@easthony.com