PVC Prices and News
Türkiye’s PVC market in search of direction for July by Merve Madakbaşı
Import PVC prices extended their losses into the fourth successive month as June offers were dragged down by limited derivative demand at home and abroad amid macroeconomic concerns. While K67 prices on CIF Türkiye basis hit their lowest levels in months and the market lacks a healthy premium over other outlets, players discussed the outlook ahead of a long break with demand in focus... 23-06-2023
Questions swirl in Türkiye markets: Will PP, PE, PVC declines slow down? Any sign for an end in sight? by Merve Madakbaşı
Türkiye’s polymer markets have extended their losses into June in response to lethargic demand amid cash constraints and subdued downstream markets. Adding to the bearishness has been a global weakness in resin consumption stemming from economic woes across the board, while costs have not been supportive either... 16-06-2023
Asia PVC markets sit on a knife edge by Pınar Polat
China PVC markets have been on a mostly decreasing trend since February, with players mainly blaming the persistent weakness of demand. Although India and Southeast Asia markets have been on a similar route with China up until this week, sellers in these two regions have now started to hunt for signs of market bottom... 15-06-2023
Asian players: PVC may extend slide into July by Shibu Itty Kuttickal
PVC import markets in Asia remain on a downtrend as macro-economic concerns in the region coupled with high domestic inventories and weak demand kept up the bearish pressure... 07-06-2023
PVC prone to new drops in Europe amid battle against weak demand by Manolya Tufan
Up to 3-digit drops passed on May PVC deals across Europe. Players expect similar drops in June as monomer contracts settled down by €80/ton and a lack of confidence in the demand outlook along with ample stocks serve as a catalyst in boosting the bearish run. June will mark the third straight month of decreases after official announcements emerge... 05-06-2023
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)
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