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Analysis of Supply and Demand Relationship of PVC Market in East China

2024-10-23

Today, although some PVC manufacturers stopped for maintenance, the accumulated social inventory in East China has remained relatively high, leaving the overall supply abundant. However, the purchasing demand of downstream product enterprises has not shown significant improvement. In terms of exports, due to the rise in sea freight and slack overseas demand, manufacturers have performed poorly with limited market fundamentals support. On a macro level, there are still positive expectations, but there are no new positive drivers in the short term as the market is still dominated by a wait-and-see sentiment.