In Jan, the start-up load of polyvinyl alcohol supply-side devices remained stable, production companies delivered orders, and export demand remained strong. Some companies’ export orders were relatively abundant, suppliers’ offers were strong, and there was no pressure on inventories.
1. Analysis of Market Influencing Factors
1) Support for export orders still exists
2) Offers from manufacturing companies are stiffened
2. Market Forecast for Next Month
The Spring Festival holiday is approaching. Downstream users and intermediaries have completed their stockings and are entering the holiday. There are very few new orders in the market. We are paying more attention to the flow of goods and the changes in the mentality of market participants. We are waiting for new news guidance. It is expected that the polyvinyl alcohol market will stabilize and consolidate next week.
Remark: The analysis is based on transaction in China’s domestic market, it’s only for reference.
Contact information: pva@easthony.com