China’s PVC market is supported by tightness despite winter season
Jan. 11, 2019
Acetylene and ethylene-based PVC prices in China have been following a mostly stable to slightly firmer trend for more than a month.
Although buying interest for PVC applications is limited in China due to the winter season and market activities are expected to slow further down given the approaching Chinese New Year holidays, the sentiment in China’s local PVC market has remained firm with support from low supplies.
Meanwhile, the government is likely to tighten its environmental inspections following two fatal blasts that occurred in late 2018.