China PVA Price Trend June 2023
In June, the market price of polyvinyl alcohol in China is low. At the beginning of the month, there were some low prices in the market, the industry just needed to purchase, and the negotiation atmosphere was general. Manufacturers quote cautiously, and the market has a strong wait-and-see atmosphere. Sales are not good, some middlemen actively sell, and some middlemen sell at low prices. The market center price has been lower than the manufacturer price. Due to the news that some main equipment have maintenance plans in July, some companies have inventory intentions. Affected by the low market price, the operation is more cautious.
In late June, the focus of the negotiations was low, the market’s worries about the decline intensified, the market waited and saw, and the trading atmosphere was general.
Most of the industry light storage wait-and-see. The game between supply and demand continues, market prices continue to be stable at a low.
Remark: The analysis is based on transaction in China’s domestic market, it’s only for reference.
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