China PVA Market Overview in September
China PVA price market fell in September. Market low price is frequent, middlemen have high price inventory, fear of decline led by the stock is more cautious. Under low price impact, traders wait-and-see mainly. In the first half of the month, the main manufacturers twice drop the price, the market price gap narrowed. Traders are underestimating market gains due to the price of raw material VAC price going down.
Under the influence of partial empty mentality, the user inquiry is not high. In the latter half of the month, some manufacturers announced to increase the price, the middleman inventory is limited to make some stock.