today, the pvc market in southern parts of china continues its weak and stable trend.
specifically, the pvc market in east china is dominated by a wait-and-see negotiation atmosphere in. as there have been fewer overhaul plans by production enterprises recently, local plants work at a high operating rate, providing insufficient fundamental support. given that downstream product companies are gradually shut down and take holidays, market demand is expected to weaken. in most cases, regional traders just exec　uted early orders. in some places, although most traders insisted on early quotations, more transactions have been achieved at discounted prices.
in south china, as the pvc market has not seen significant fluctuations, the average trading price remains at the previous level with some actual transaction prices slightly loosening. facing abundant deliveries of goods, regional downstream processing manufacturers are less active in purchase, resulting in a continuous increase in inventory pressure. although the trader insisted on yesterday′s quoted price, they had to give a basic discount of 20-30 yuan/ton in unfavorable circumstances.