① The price of PVA grade 1799 in East China remained stable compared to last Thursday.
② Today's domestic polyvinyl alcohol (PVA) capacity utilization rate was 75.5%, holding steady compared to last Thursday.
Table 1: Domestic Polyvinyl Alcohol Price Summary (Unit: CNY/ton)
| Market | Grade | Sep 24 | Sep 28 | Change | % Change |
|---|---|---|---|---|---|
| East China | 1799 | 11000 | 11000 | 0 | 0% |
| Data Source: Chempricehub |
Based on the East China region, today's polyvinyl alcohol price closed at 11,000 CNY/ton, remaining stable compared to last Thursday. The domestic PVA market operated quietly today. Support from upstream costs remains strong, providing confidence to suppliers who maintained their external quotations. Downstream demand was driven by procurement as needed, while inventory holders sold according to market conditions. With the holiday approaching, market transactions slowed down. Attention should be paid to downstream purchasing intensity and corporate pricing strategies after the holiday. It is expected that the short-term PVA market will continue to stabilize and consolidate.
The polyvinyl alcohol capacity utilization rate stood at 75.5%, remaining stable compared to last Friday. Product profit (including crude methyl acetate) was 2,536.6 CNY/ton.
Support from the cost side remains firm, boosting supplier sentiment. Monitoring downstream replenishment progress is key. The short-term polyvinyl alcohol market price is expected to remain stable and consolidate.
Vinyl Acetate Market: Today, the domestic vinyl acetate market operated quietly. Cost-side support remains strong, and producers maintain a bullish stance on prices. With the holiday arriving, logistics are restricted, and traders have gradually left the market for vacation, leading to slower transactions and an overall quiet atmosphere. Close attention should be paid to downstream follow-up strength and supply-side changes after the holiday. The short-term market is expected to remain stable with a wait-and-see approach.
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