PVC Trade Volume in China Rose but Inventory Pressure Increased
Aug. 24, 2018
January PVC futures on the Dalian Commodity Exchange closed CNY175/ton ($25/ton) lower at CNY7230/ton ($907/ton without VAT) on Thursday, August 23. Trade volume was 569,164 tons.
With the gradual recovery of pre-maintenance enterprises, the domestic PVC plant as a whole started production at a high level. The supply was sufficient, and some traders’ inventory pressure increased.