PVC Prices and News
Europe PVC outlook for 2025: Supply imbalance threatens price recovery targets by Manolya Tufan
Leaving behind a difficult year, the European PVC market enters 2025 facing a persistent supply-demand imbalance that continues to hinder any immediate price recovery. Multiple interest rate cuts to curb inflation and the war in Ukraine remained a significant drag on the EU economy, weighing on consumer spending and keeping supplies ample despite supply management efforts. The situation is further complicated by trade barriers, including the impact of antidumping duties, which could shift trade flows and alter market dynamics... 12-12-2024
PLAST EURASIA 2024: Shrinking margins emerge as a key topic among polymer players by Merve Madakbaşı
Global plastics players have gathered in Istanbul since December 4 for the 33rd Plast Eurasia Fair. Shrinking margins for both converters and polymer producers emerged as a key topic of discussion during the event, with most participants agreeing that prices might see a recovery in January. Nonetheless, economic hurdles are expected to persist for a while longer, dampening end-consumer spending. Petrochemical companies are likely to maintain supply management strategies through 2025. The fair will conclude on December 7... 06-12-2024
Lower parity, rising freight rates repel European polymer buyers from imports by Manolya Tufan
While the year-end lethargy is in full swing, most polymer markets in Europe are poised for modest adjustments in the last month of the year. With lower monomer settlements and ongoing destocking activities, pricing strategies remain under downward pressure... 05-12-2024
Asia’s PVC markets in further disarray as India puts off ADD hearing by Shibu Itty Kuttickal
The confusion in the Indian PVC market has further deepened by the latest news of a government panel postponing its oral hearing on anti-dumping duties (ADD), originally scheduled for December 4, without notifying a new date. This uncertainty has also impacted players in other Asian markets, particularly exporters to India, who have long awaited clarity on the ADD situation... 04-12-2024
Turkish PVC players monitor supply scene amid global trade barriers by Merve Madakbaşı
The import PVC market is set to close November on a steady to soft note, influenced by weaker US offers, initial rollovers from nearby Europe, and mixed December policies from a Taiwanese major in Asia. Most cargoes were offered for January shipments this week, in line with the approaching Christmas holidays in US and Europe that will shorten working days next month. The year-end lull, off-season, and economic gloom continued to dampen sentiment in Türkiye... 29-11-2024
Unlike other polymers that are derived from crude oil and natural gas, Polyvinyl Chloride (PVC) is part of the chlor-alkali industry. The main raw material used to produce PVC is sodium chloride. Caustic soda and chlorine are made via the electrolysis of sodium chloride. While caustic soda has its own uses, ethylene dichloride (EDC) is made by the chlorination of ethylene and chlorine, and is used primarily in the production of vinyl chloride monomer (VCM). In the final stage, PVC is produced by polymerization of VCM.
PVC is divided into two categories: emulsion PVC and suspension PVC. While emulsion PVC (E-PVC) has a limited area of use, suspension PVC (S-PVC) enjoys a greater area of use. S-PVC grades are characterized by K values. K67-68 is the most commonly used PVC type. PVC K67-68 is used in profile and pipe applications and has a direct relation to the construction industry. Due to its dependence on the construction sector, PVC is also directly affected by the economic performance of countries, either positively or negatively.
PVC K64-65 is also used in the manufacture of pipes and profiles. K58 is used in rigid applications, such as injection molding, and the manufacture of credit cards and food packaging. K70 is used in the manufacture of shoes, cables, hoses, shower curtains, tablecloths and stationery.
Looking at the top buyers and sellers on a country-based breakdown, the USA is at the top of the list of largest exporters with a market share of more than 20%. Taiwan is the second largest PVC supplier, followed by Germany. India is the top PVC buyer in global markets by a long way. Although China has reduced its dependence on imports with new PVC capacities it has commissioned over the last 20 years, it still ranks as the second largest PVC importer in the world. In addition, China has the world's largest acetylene-based PVC capacities. China is followed by Türkiye and Italy, having almost the same level of market share in PVC imports.
ChemOrbis Polyvinyl Chloride (PVC) prices and Plastics News section contain information on the market trends, as well as supply-demand factors and production costs that determine the pricing, statistics on imports and exports, along with maintenance shutdowns, restarts, and new capacities related to PVC facilities.
Products:
E-PVC, S-PVC K67-68, S-PVC K70, S-PVC K64-65, S-PVC K58, S-PVC K67-68 (Acetylene), S-PVC K64-65 (Acetylene), S- PVC K70 (Acetylene)
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