Downstream demand is flat, and the PVC market is sluggish

East China PVC market is basically closed during the festival, mainly wait-and-see, but with the easing of prevention and control, real estate, infrastructure, monetary policy and other factors during the festival stimulated, most believe that the market is expected to bottom out after the holiday, and remain optimistic
about future demand.

Downstream product enterprises have a holiday ranging from 1-3 days during the holiday, and some enterprises have a holiday of 5 days, the procurement demand is light, and there is just demand before the holiday, and the post-holiday expectation is mainly wait-and-see, the market social inventory is expected to maintain growth, product enterprises believe that the terminal order is limited, maintain a cautious attitude towards market demand, and the inventory of products is sufficient
.

Overall, the market supply remained stable during the holiday, market inventory increased slightly, but downstream demand was flat, market transactions were sluggish, and the post-holiday policy influencing factors were large, and spot expectations were cautious and stable
.