PVC Prices and News
PVC rally roars back in Asia as supply worries mount
by Merve Sezgün
Import PVC prices in India, China, and SE Asia witnessed relentless hikes from mid-May to late December last year amid a global supply crunch. This longest-ever price rally lost speed in January and prices corrected from record highs. The uptrend was soon renewed in early February while it has recently turned back into a roaring rally in the aftermath of weather-driven shutdowns in the US...
25-02-2021
PE, PP and PVC supply crunch exacerbated on US absence, traditional trade flows upended
by Başak Ceylan
and Esra Ersöz
The US polymer exports faced serious challenges in the last quarter of 2020, largely as a result of multiple shutdowns and force majeure declarations that followed the most active hurricane season since 2017. Reduced production and shipping difficulties have impacted the competitiveness of US exports in global markets...
23-02-2021
Polymer markets face one of most chaotic times
by Merve Sezgün
Global polymer markets have been grappling with a dearth of supply since early Q4. Planned and unplanned shutdowns coupled with a deepening shipping crisis in the aftermath of an unexpected surge in demand have contributed to rapid price hikes in major regions. Prices for PP, PE, and PVC have more than doubled from the middle of last year...
18-02-2021
Turnaround season set to get underway in Asia
by Pınar Polat
A turnaround season in the Asian PVC market is set to kick off towards late February, mostly lasting until late April. As for PP and PE, a series of shutdowns are also ahead, which will disrupt supplies during the same period...
17-02-2021
Global shipping turmoil deepens, adding to the upheaval in plastic resins
by Manolya Tufan
and Esra Ersöz
Polymer markets shoot up in a tumultuous climate, where the global shipping crisis has contributed to the soaring prices in major regions. Global supply chains, both upstream and downstream in the plastic resin industry, were disrupted amid production snarls, a shortage of containers and changing demand patterns triggered by the pandemic...
15-02-2021
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 Turkey 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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