Short-term PVC supply and demand remain deadlocked

Short-term PVC supply and demand remain deadlocked. Due to increased expectations of tight ethylene supply, ethylene-based producers may plan to reduce their long-term production capacity. Meanwhile, calcium carbide-based producers have slightly increased their operating rates. The rising costs are supporting PVC prices at the bottom. In the short term, high energy prices cause fluctuations in the market sentiment. It is expected that until the situation reverses, PVC spot market prices will remain above the cost line with fluctuations, still affected by energy volatility. (Longzhong Information)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin