China PVA Market Overview In October
In October, China PVA market center of gravity fell. Low price in market is frequent. Manufacturers sales are not smooth, with lack of support in cost. Industry operators fear falling mentality with more cautious procurement, paying attention to the news guidance.
On the other hand, end user of construction and decoration industry demand is low. Some manufacturers are more willing to ship, the market price is more chaotic, the sales difference is larger.
Raw material vinyl acetate stopped falling, but the focus is still low-end. Operators compared the historical price difference, finding PVA market is short expectations. So they light position wait and see, cautious replenishment, market negotiation atmosphere is not good.