Press release pvc market came to standstill
Due to the Chinese Spring Festival in February 2011, the domestic PVC market looked gloomy with few orders.
Published on: Mar 4, 2016
Transcripts - Press release pvc market came to standstill
CCM Data & Primary IntelligencePVC Market Came to Standstill March 7, 2011; CCM International LimitedDue to the Chinese Spring Festival in February 2011, the domestic PVC market looked gloomy with feworders. Since the stock of PVC is over-sufficient , the price kept low. The situation is almost the same inall regions.In South-China, demand from downstream producers grows slowly after the holiday. The orders doesnot go up with the increase of price by USD 70/ton.In North-China, the price climbs slightly. But due to the cold weather, most downstream producers arestill out of work.In the mid-China, the price is higher for almost out of stock. The price is about USD 1000 to 1200.In North-east area, the production and marketing keeps balance with small quantity orders.Upstream producers and traders are trying to keep the high price and are expressing optimism for thedevelopment of PVC. But the fact is that the growth of demand is slowly and there are lot of stocks tobe sold. It is predicted that the situation of standstill will continue. For any further data or information please go to CCM’s website.About CCMCCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff ofmore than 150 dedicated highly-educated professionals. CCM offers Market Data, Analysis,Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its newproprietary product ValoTracer.Please visit http://www.cnchemicals.com for more information or firstname.lastname@example.orgCCM International, Ltd.Guangzhou CCM Information Science & Technology Co, Ltd.17th Floor, Huihua Commercial & Trade MansionNo, 80 Xianlie Zhong Road, Guangzhou510070, ChinaWebsite: http://www.cnchemicals.com Email: email@example.comTel: +86-20-3761 6606 Fax: +86-20-3761 6968