Analysis of Supply and Demand Relationship in the Domestic PVC Market This Week
2024-11-22
This week, the supply and demand relationship in the domestic PVC market remained basically stable. While carbide-based PVC manufacturers in Northwest China and ethylene-based PVC factories in East China both maintained a high level of operation, some manufacturers in Central China that purchased calcium carbide from other regions reduced their production, leaving the overall supply of goods relatively stable. Social inventory has increased due to limited downstream demand. On a macro level, with the expected implementation of a new round of real estate stimulus policies, domestic demand is unlikely to improve significantly in the short term. With a limited number of export orders signed, demand in India, the main consumer destination, has slightly weakened.