The polyvinyl alcohol(PVA) market is in a volatile consolidation phase
From the perspective of upstream raw materials, in mid March, prices of various coal types across the country fell comprehensively. Anthracite coal has shifted from rising to falling, and the price decline of coking coal and thermal coal has expanded, with a very significant decline.
The decline in acetic acid is not significant, but it also shows a slight trend in market prices.
From the perspective of downstream adhesive products, the newly started construction area of downstream buildings has decreased, and the starting construction area in March has also shown a year-on-year downward trend; The production of automobiles has also shown varying degrees of decline compared to last year.
The upstream and downstream industrial chains of polyvinyl alcohol PVA are undergoing downward adjustments, the PVA market continues to consolidate weakly.