The Polyvinyl Alcohol (PVA) market remained balanced with sufficient supply and steady, although not robust, demand from key sectors. Feedstock vinyl acetate monomer (VAM) prices remained flat, offering limited cost-side movement for PVA producers. While PVA 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 inventory levels across eastern and northern China ports remained adequate. Producers maintained regular shipments but hesitated to build excess stock due to lacklustre order books. Exporters also noted fewer overseas...
