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According to the data monitored by the cable network, the inventory of polyvinyl chloride and polyethylene on the Dalian Commodity Exchange in the first quarter of 2016 showed a trend
of first increasing and then decreasing.
At the end of January and the beginning of February, affected by the Spring Festival factors, polyethylene and polyvinyl chloride stocks increased
rapidly.
Due to the lack of downstream operation due to holiday factors, the digestion of terminal resources slowed down, transportation was restricted, and the accumulation of petrochemical and all parties' inventory was inevitable.
With the end of the Spring Festival holiday, employees returned to work in March, and the market trading atmosphere also returned to normal, so the willingness to destock in March was more obvious
.