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According to cable network monitoring data, in the first quarter of 2017, China's polyethylene and polyvinyl chloride inventories were at a high level, mainly because PVC enterprises started stable and sufficient supply, and affected by the long Spring Festival holiday, demand recovery was slow
.
From April to early September 2017, domestic polyethylene and polyvinyl chloride inventories gradually increased, and in mid-to-late September, the inventory quantity fell sharply due to demand, which shows that the market inventory has basically been fully digested
.
From April to September every year, the destocking stage is the stage, and under the influence of seasonal rules, the inventory pressure is relieved
in stages.
Most PVC enterprises have good pre-sales, enterprises are in a state of zero inventory, social inventory continues to decline, at the end of July fell to 140,000 tons, a decrease of 200,000 tons, back to the same period last year
.
In mid-to-late September, affected by environmental protection supervision, Ansheng production inspection and real estate control policies, PVC downstream demand follow-up was slow, gold nine silver ten demand season, supply contracted, but inventory increased, indicating demand deviation, less than expected, inventory showed signs
of recovery.
In winter, production enterprises have started work steadily, but demand has gradually weakened, and social inventories in East and South China may recover
.
