PVC Prices and News
Asian PVC demand stagnant; recovery hopes shift to end of Q1 by Shibu Itty Kuttickal
The Indian budget has failed to provide a bullish push to Asian import PVC markets, with stability reigning in India and Southeast Asia for the fourth consecutive week and in China for the third week in a row. Despite the conclusion of the Chinese New Year holidays, bullish sentiment remains elusive as buying activity continues to stagnate, while hopes for a demand recovery now shift to late Q1... 12-02-2025
A tug-of-war unfolds in Türkiye as PVC demand struggles against rising costs by Merve Madakbaşı
The import PVC market has seen some price hike attempts in February as rising costs have squeezed sellers' margins and prompted firmer selling intentions from traders. However, demand remained subdued, and buyer resistance has put pressure on offers at the upper end of the market. In recent days, attention has shifted to new price announcements from Europe to Türkiye, following a notable increase in ethylene contract prices. Meanwhile, local distributors appear open to minor discounts to stimulate deals... 07-02-2025
Stats: Türkiye’s overall polymer imports snap five-year growth in 2024 by Merve Madakbaşı
Cumulative polymer imports of Türkiye fell short of the 2023 record, data from ChemOrbis Stats Wizard PRO revealed. The overall volume dropped slightly below the 6-million-ton threshold in 2024 after reaching a record 6.3 million tons the previous year. This also marked the end of a long uptrend that had been ongoing since 2019. Meanwhile, Saudi Arabia and the US faced fierce competition for the top spot among Türkiye’s suppliers last year, followed by South Korea, Russia, and Egypt... 04-02-2025
Asian PVC markets at a standstill; will Indian budget provide a turning point? by Shibu Itty Kuttickal
The Chinese New Year holidays have kept most Asian markets inactive and mostly stable, but some players are expecting a better sentiment in the market after the holidays, especially after India’s budget for 2025-’26, which is expected to give a fillip to infrastructure projects... 29-01-2025
Europe’s PVC markets quiet, poised for a firmer trend in February by Manolya Tufan
Regional PVC markets have been rangebound as producers focused on maintaining stable prices, despite the pressure to improve their margins. However, as January draws to a close, the PVC market is signalling a potential shift toward firmer pricing in February. Although the cost-push will likely be there, the lingering supply-demand imbalance will be a factor to watch as it could temper the extent of increases... 28-01-2025
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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