China PVA Export Overview In Nov 2024
In Nov 2024, China’s polyvinyl alcohol exports volume were 17,500 tons, a month-on-month increase of 0.05%, and the average export price was US$1,730.00 per ton.
In November, the operating load on the polyvinyl alcohol supply side remained stable. Export demand was strong, leading production companies to fulfill orders, resulting in limited spot availability in the market. Petrochemical companies also increased their external prices. Downstream users made purchases based on their needs and negotiated accordingly.
1. Analysis of Market Influencing Factors
Middlemen Prepare Goods on Demand: Intermediaries are stocking inventory based on current demand, ensuring a responsive supply chain.
2. Market Forecast for Next Month
Upstream cost support continues to exist, and manufacturers are maintaining production limits to protect pricing. Intermediaries are preparing goods as needed, while domestic demand is following a steady pace. Attention will be given to supply flow in the coming month. The polyvinyl alcohol market is expected to stabilize and consolidate next month.
Remark: The analysis is based on transaction in China’s domestic market, it’s only for reference.
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