China PVA Price Trend November 2023

 In November, the market price of polyvinyl alcohol in China is stable after dropping. At the beginning of the month, market prices are confusing. Manufacturers are actively shipping, with frequent occurrences of low prices in the market, dropping to a low point in mid month.

Based on cost support and the expected weakening of the decline, many businesses have a moderate intention to stock up, and their procurement is relatively concentrated. Manufacturing enterprise inventories fell obviously, with some having almost no inventory.

Market is mainly based on sales inventory, but terminal demand is weak. The supply of co-production raw materials is abundant, and the probability of low prices is high.

The market mentality is cautious, most of the industry light storage wait-and-see, and the negotiation atmosphere is general.

Remark: The analysis is based on transaction in China’s domestic market, it’s only for reference.
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