News summary
Newsletter text
[PVC market supply is reduced due to maintenanceethermonnft, high price fluctuations]
According to the latest market developments, due to the overhaul of production companies, the supply of PVC in the market has decreased, providing support for prices. Although domestic and foreign demand has improved slowly, the growth of new orders in export markets is limited by sea freight risk. The procurement costs of downstream enterprises in the domestic trade market have increased, mostly to meet rigid demand, and replenishment of stocks has been cautious. Market analysts expect that prices in the PVC market in East China will fluctuate within the range of 5,950 - 6,050 yuan/ton in the short term.