PVC Inventory Dropped amid Limited Arrivals and Steady Rigid Demand
China’s PVC market prices moved sideways in the week. PVC inventory decreased marginally in East China and South China with stable hand-to-mouth purchases from downstream buyers. As of May 13, PVC inventory at sample warehouses in East China was 241.7kt, down 3.09% W-O-W but up 48.92% Y-O-Y. PVC inventory at sample warehouses in South China was 49.75kt, down 7.36% W-O-W but up 9.82% Y-O-Y. That in East China and South China totaled 291.45kt, down 3.42% W-O-W but up 40.39% Y-O-Y.
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