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📊 PVC Market Insights: Cautiously Optimistic for September 📈🌍

August marked stability after four months of PVC market declines. While minor dips were witnessed, lackluster demand prevailed in the upper price range.

Now, the spotlight shifts to September. Sellers stand cautiously optimistic, driven by several factors:

1️⃣  𝗡𝗼𝘁𝗮𝗯𝗹𝗲 𝗘𝘁𝗵𝘆𝗹𝗲𝗻𝗲 𝗦𝗲𝘁𝘁𝗹𝗲𝗺𝗲𝗻𝘁 𝗛𝗶𝗸𝗲𝘀: The anticipated ethylene settlement hikes foster seller optimism. This move aims to cushion margins amid high monomer values and unsupportive caustic soda prices.

2️⃣  𝗚𝗹𝗼𝗯𝗮𝗹 𝗠𝗮𝗿𝗸𝗲𝘁 𝗗𝘆𝗻𝗮𝗺𝗶𝗰𝘀: Reduced US availability and Europe’s evolving premium relative to other markets bolster sellers. The spotlight remains on lower run rates, unless Europe’s export markets gather momentum due to rising resin requirements.

3️⃣  𝗕𝘂𝘆𝗲𝗿 𝗗𝘆𝗻𝗮𝗺𝗶𝗰𝘀: Despite awaiting firmer voices to influence buying, restocking needs and competitive import prices might rekindle buyer interest in the spot market.

In this intricate market landscape, these factors are poised to 𝗶𝗻𝗳𝗹𝘂𝗲𝗻𝗰𝗲 𝗺𝗮𝗿𝗸𝗲𝘁 𝗱𝗶𝗿𝗲𝗰𝘁𝗶𝗼𝗻 and 𝗽𝗿𝗶𝗰𝗶𝗻𝗴 𝗱𝘆𝗻𝗮𝗺𝗶𝗰𝘀. How will they shape the PVC sector’s journey? 𝗦𝗵𝗮𝗿𝗲 𝘆𝗼𝘂𝗿 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗯𝗲𝗹𝗼𝘄! 🗣️🌐

𝘚𝘰𝘶𝘳𝘤𝘦: 𝘊𝘩𝘦𝘮𝘰𝘳𝘣𝘪𝘴.𝘤𝘰𝘮

 

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