PVC Prices and News
Türkiye’s PVC market pressured by weak demand and global uncertainty by Merve Madakbaşı
The market continued to face pressure into the second half of April, weighed down by subdued domestic demand, liquidity issues, and global uncertainties amid an ongoing, broad-based trade conflict. Buyers remained cautious in the face of economic headwinds, limiting trading activity and challenging sellers' efforts to stabilize prices. American K67 offers hit a fresh low of $700/ton CIF on the low end this week, while European sellers pushed for rollovers. Looking ahead to May, players are not exactly brimming with optimism and are refraining from making predictions... 18-04-2025
Asian PVC outlook further dims as China prices hit fresh lows; Taiwanese major delays May offers by Merve Sezgün
A major Taiwanese PVC producer has postponed its May pricing announcement for Asian markets, amid growing caution following the recent US tariff shock, coupled with the Chinaplas fair taking place in China this week... 16-04-2025
Post-holiday return clouded by trade war and tumbling oil in Türkiye by Merve Madakbaşı
As most polymer players returned from the Eid al-Fitr holiday only this week, they were met with a global storm fueled by a deeper trade war, sparked by a series of tariffs imposed by the US on imports from dozens of countries, particularly China, coupled with a sharp drop in oil prices. The resulting loss of cost support, along with domestic liquidity issues, has dashed hopes for a post-holiday recovery in demand among Turkish players for now... 11-04-2025
US tariffs upset bullish expectations in Asian PVC markets by Shibu Itty Kuttickal
PVC markets in Asia have shifted into a softening mode, dashing earlier bullish expectations for prices to extend their recovery after a prolonged downtrend. The shift comes as the US imposes sweeping tariffs on imports from across the globe, dampening sentiment and demand outlook across major Asian markets... 09-04-2025
Revised: US tariffs exempt key petchems; can PE exports survive the retaliation? by Esra Ersöz
Certain grades of PE, PP, and PET are among the list of exemptions for reciprocal tariffs. Considering the net-exporter status of the US in PE, the US government seems to be aiming to avoid retaliatory tariffs, while it is yet to be seen whether partner countries will accept this move - apparently China won’t - as broader tariffs on other goods will still disrupt trade flows, increase production costs for downstream industries, and strain global supply chains... 07-04-2025
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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