PVC Prices and News
Türkiye’s PVC market back to May levels on mounting buyer resistance by Merve Madakbaşı
Most PVC markets have buckled under reduced resin consumption across the board, moving into the last quarter of 2023. China’s worsening real estate crisis and bulky imports of India and Türkiye that took place in late Q3 dampened the demand outlook, not to mention the pressure from ample US stocks on markets... 29-09-2023
US supplies, weak demand to keep Asian PVC downhill into October by Shibu Itty Kuttickal
Supplies from the US and suppressed regional demand are expected to keep import PVC markets in Asia - which have so far seen a 3-8% fall since mid-August – on a downtrend in October. Apart from the US prices, the market sentiment has also been dealt a blow by the lackluster response to the latest offers to Asia from a Taiwanese major even after price cuts by $30-40/ton... 28-09-2023
Insight: What will drive polymer markets from here? Demand or costs? by Merve Sezgün and Esra Ersöz
Global polymer markets are experiencing a paradox where prices struggle to increase, despite soaring costs, primarily driven by surging crude oil prices that have reached 10-month highs. This is because the vital demand element lies on the other side of the coin, and the demand scenario is far from ideal, hindering a robust price rally... 27-09-2023
Türkiye’s polymer markets in flux amid bullish costs, lackluster demand by Merve Madakbaşı
Import polymer markets witnessed firmer pricing policies on the side of suppliers in the first half of September in Türkiye. This was mainly because soaring upstream costs squeezed producers’ margins, prompting PP, PE, PVC, and PS sellers to issue monthly hikes. Yet, most of them admitted that the state of demand cushioned additional price gains for most products or even led to discounts for certain ones... 15-09-2023
Europe’s PVC rebounds from nearly 3-year lows, is it a dead-cat bounce? by Manolya Tufan
It took more than two and a half years for European PVC markets to return to pre-pandemic norms with spot prices falling steadily since May 2022. This month, regional PVC suppliers have started to reveal initial offers with increases of up to €60/ton after prices hit their lowest of almost 3 years. However, questions swirl about the sustainability of this recent rebound... 07-09-2023
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
