China PVA Market Overview in August
China PVA market wait-and-see atmosphere rich in August. The market mainly sells the early storage, and the focus of discussion is much lower. However, the manufacturer stands the price, the start-up rate dropped, causing the market price more disorderly. The end user demand is not good, market inquiry atmosphere is weak. PVA operator mentality is cautious, with light storage and wait.
Cost support is weak, demand is expected to be limited, market prices lack support. Main manufacturers offer to maintain stability, dealers downside fears remain however. Game of supply and demand, industry mentality cautious.