PVC Prices and News
India’s Q1 PVC imports hit record-high; did buyers rush to stock up before expected restrictions? by Pınar Polat and Esra Ersöz
According to ChemOrbis Stats Wizard, PVC imports into India during Q1 2023 neared the 1 million ton-threshold, reaching an all-time high. This conspicuous jump both on a yearly and quarterly basis reveals that half of the full 2022 imports was already achieved in the first quarter, suggesting that players flocked to secure cargoes ahead of the imminent result of the safeguard investigation... 19-05-2023
Competitive imports exert pressure on Europe’s PVC markets by Manolya Tufan
Regional PVC markets are bracing for a softer trend for the second straight month under the pressure from lower ethylene settlement, calm demand and comfortable availability. What is more, competitive import offers exert pressure on regional sellers considering the wide gap between the import and spot markets... 08-05-2023
Türkiye’s PP, PE and PVC markets confront unknowns as May starts by Merve Madakbaşı
Polymer markets have remained mostly muted following the Labor Day holiday on Monday. The lingering cash flow issues, coupled with many unknowns for the post-election period, kept weighing on the PP, PE and PVC markets as May kicked off... 05-05-2023
Stats: China’s total Q1 PVC exports close to all-time highs, imports extend gains by Pınar Polat
According to data from ChemOrbis Stats Wizard, China’s total PVC imports in the January-March period of 2023 not only posted increases from the fourth quarter but also indicated the highest figures since the July-September period of 2020... 04-05-2023
Asian PVC markets see delay in Taiwanese pricing amid persisting bearishness by Shibu Itty Kuttickal
PVC import prices in Asia are likely to stay on a downtrend for the near term ahead of India’s monsoon rains expected in June as an ample supply situation persists along with weakening demand... 20-04-2023
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)
About Us
DOWNLOADYOUR MOBILEAPP TODAY
