PVC Prices and News
Crude at multi-year highs contributes to a perfect storm in polymers
by Esra Ersöz
A perfect storm of factors - including a long-lasting supply tightness and demand growth as well as the prevailing freight turmoil - have already caused a bullish atmosphere in polymer markets largely since the second half of 2020, disregarding some small intervals of downward corrections in different parts of the world...
08-10-2021
An enduring challenge: Unprecedented times in PVC markets
by Merve Sezgün
and Esra Ersöz
The global PVC rally, which has been largely in place since the 2nd quarter of 2020, has once again gained momentum. PVC markets across the board have been hitting and refreshing record highs each week...
07-10-2021
Coal prices hit record highs in China with knock-on effects for PP, PVC markets
by Merve Sezgün
and Pınar Polat
Coal supplies have tightened significantly amidst the dual control policy in China. The lack of imports also contributed to the coal shortage in China, with spillover effects on electricity curbs as well as coal-generated PVC and PP production...
05-10-2021
Asian PVC markets shaken by fresh round of sharp hikes; prices reach new highs
by Merve Sezgün
The PVC rally in Asia has once again gained momentum as China’s reduced output amid energy curbs has fueled the bullish price run. Imports to both India and Southeast Asia have turned extremely difficult from supplier countries in Northeast Asia because of the acute container crunch, meanwhile...
30-09-2021
European PVC loses premium over global markets; Oct calls for hikes
by Manolya Tufan
European PVC markets lagged behind the firming in other major markets, some of which have broken their previous peaks amid acute tightness. Even though prices hit fresh highs, Europe’s premium over global markets has either evaporated or narrowed due to more abrupt gains elsewhere...
27-09-2021
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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