China PVA Price Trend July 2023
In July, China’s Polyvinyl Alcohol market prices rise. In early July, some manufacturers actively shipped, the price is still down. Market focus prices are low, some manufacturers have almost no profit space, industry began to stock at low prices.
In mid-July, manufacturers began to reduce inventory sales. Then some low prices began to rise and the market low prices decreased. Based on factors such as low PVA prices and general demand of some manufacturers, the industry is still cautious and in a wait-and-see state. In late July, the quotation of manufacturers gradually increased, and the low price decreased. The game between supply and demand continues, wait-and-see atmosphere. Manufacturers execute previous orders, and some new orders are reduced.
Remark: The analysis is based on transaction in China’s domestic market, it’s only for reference.
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