During May-end xxxx, Polyvinyl Alcohol (PVA) prices in China held stable, showing no change from the previous weeks. The market remained steady with adequate supply and steady, but slight lower, demand from key sectors. Feedstock vinyl acetate monomer (VAM) rates persisted flat, extending limited cost-side progress for PVA producers.
While manufacturing activity remained consistent, subdued export orders and weak construction sentiment constrained aggressive price movement. Looking ahead, the PVA market is expected to remain steady with slight bearish undertones unless downstream sectors observe a significant revival or stimulus-driven demand picks up.
PVA production across major Chinese facilities continued at moderate-to-high operating rates, supported by stable VAM feedstock availability and relatively low production costs. There were no notable shutdowns or maintenance events during the week, and PVA inventory levels across eastern and northern China ports remained adequate....
