The lower-than-expected rates explained tight downstream supply of ethylene dichloride, a precursor to PVC, for which prices have more than doubled to be last assessed July 14 at $145/mt FOB USG, up from an all-time low of $65/mt May 12, S&P Global Platts data showed. of PVC and engineering resins and PCW senior editor Donna Todd. Demand fluctuated in Q3, with buying interest more intense towards the end of the quarter after quarantine measures were eased and the construction sector was reactivated. Data can be downloaded, customised and queried to support your planning requirements and your strategic decisions. However, PVC availability has been seen as tight. Eurostat construction figures for July showed that activity was down 4% compared with the same month last year. 1/Jan/2021 HDPE pipe & film grade prices are up by INR 1,000 / MT All other HDPE grades, LLDPE and PP prices rolled over 01-01-21 RIL PVC … Please use the button below and we will bring you back here when complete. Producer INOVYN’s feedstock production at Rafnes was shut down in late August because of a technical issue that affected production at its northern European plants. ICIS produces a series of highly informative and timely conferences. PVC Pipe Increase, New Sheet 8/18/20. Downstream consumption rose and increased competition for remaining volumes. Venezuela’s PVC production has not restarted since mid-2017. Find out more about ICIS margin reports >>. Spot prices for European PVC exports have risen more than 8.5% compared with their lowest point last year, which was in November. Please contact the Client Services team. Please find more information on the cookies used on our site here, Market commentary on trends and developments. It is a versatile thermoplastic with a wide range of uses including pipes & fittings, profiles, cables, flooring, films & sheets. 24-hour global coverage of breaking news in the petrochemical industry, including updates on production, shutdowns and key transacted deals, keeping you informed of market developments as they happen. Extensive research is carried out to ensure that each programme delivers the information you need and addresses current industry issues. Given the economic uncertainties caused by the coronavirus pandemic, many producers had offloaded cargoes earlier in the year, resulting in lower inventory levels seen in Q3. Produced by the ICIS Consulting team, these reports give a robust rolling 12-month price forecast, trade balances and in-depth analysis into where markets are heading – providing a valuable tool to support your short- to medium-term plans. But even more frustrating to me is a huge increase in the cost of flat roofing materials, such as PVC. All DWV product categories, except large diameter, will increase 10% over the September 21, 2020 list prices. All four US PVC producers had previously announced 3 cents/lb and 5 cents/lb September price increases for domestic PVC, including two that declared force majeure on the resin in August. The companies did not respond to requests for comment. Not all prices will increase by the same percentage. Find out more about ICIS consulting services >>. Export prices in the US and spot prices in India have also increased sharply. Domestic prices for the construction staple used to make pipes, window frames, vinyl siding, and other products fell 8 cents/lb in April and May as buying stalled amid widespread coronavirus pandemic-related shutdowns in the US. List Price Sch. Sources familiar with company operations at Formosa Plastics USA, Westlake Chemical, Shintech, and OxyChem, the chemical division of Occidental Petroleum, confirmed the latest price increase announcements issued July 16-17. With lockdowns coming to an end after Q2, activity in all downstream industries increased and moved closer to typical trends. They increase the integrity of the joint and also increase its abrasion resistance. ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. We use cookies to improve the performance of our site, to analyse the traffic to our site, and to personalise your experience of the site. Find out more about the ICIS Supply and Demand Window. If you are a premium subscriber, we are unable to send you a link to reset password for security reasons. [Yes] I would like to receive S&P Global Platts promotional emails. This can be difficult to explain because the price rises are not always based on an increase in the … Southeast Asia’s import PP markets had been on the upswing since early May if a three-week correction period in August is disregarded. Our independent and unbiased commentary includes an overview of weekly market activity, demand and supply trends, production issues, upstream movements, graphs and economic news. The Supply and Demand Window on the ICIS Dashboard provides a snapshot view of historical and forecast information for supply and demand, production capacity and trade flows – a key tool to help safeguard future investments within the chemicals market. Access latest gas news and analysis, conferences and events. This saves on overall handling costs and allows offering lower priced products. If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password. The ICIS news service allows you to customise the market alerts delivered to your email inbox, providing the business-critical information you need straightaway. Two types of PVC homopolymer are produced: rigid resins which are inflexible and hard; and flexible resins which contain a large proportion of plasticiser to make them soft and can be stretched. An expert view of supply and demand comprising four fully-reconciled databases, giving you access to extensive data for more than 100 markets. Many countries in Asia managed to slow down the spread of the coronavirus infections by the first half of 2020. Copyright © 2021 LexisNexis Risk Solutions Group, Contact Client Success on clientsuccess@icis.com, If you want to keep updated on the factors driving price movements in the global chemical markets, ICIS, Polyvinyl chloride prices, markets & analysis. We have 5 foot sections of SCH 40 PVC, SCH 80 PVC and furniture PVC exclusively available for shipping ground. It is soluble in nitrobenzene, cyclohexanone, and tetrahydrofuran but insoluble in vinyl chloride. Polyvinyl Chloride Futures historical prices: closing price, open, high, low, change and %change of the Polyvinyl Chloride Futures for the selected range of dates. Polyvinyl chloride (PVC) is the third largest selling plastic commodity after polyethylene & polypropylene. With many years’ experience of guiding business leadership teams, we show you how market conditions can make a positive or negative impact on your long-term plans. Pvc Pipe Market Overview: Global Pvc Pipe Market size was valued at $54,246 million in 2015, and is anticipated to grow at a CAGR of 6.7% to reach $85,565 million by 2022. To continue reading you must login or register with us. Westlake Chemical also has an ongoing outage of an upstream vinyl chloride monomer line at its Lake Charles, Louisiana, complex. Announcements of a second 3 cents/lb price increase for July followed. Polymerisation is normally performed at 40-70oC with the vinyl chloride monomer (VCM) in a liquid state under pressure in a batch reactor. Products made from rigid PVC include pipe and conduit and roofing tiles. Brazil continued to import EDC to maintain operations at its PVC plant in Maceio. Tight supply dominated market dynamics throughout Q3. of PE, PS and nylon 6 markets. A standard medium set PVC glue is recommended for sizes up to 12” in diameter. In mid-Dec, Thomas & Betts issued a price in-crease letter instituting a price increase of 2-10% on a range of products that includes its fittings, effective Jan 14. PVC prices gained 3¢/lb in August, after a 2¢/lb increase in July, and suppliers issued a 3¢/lb increase for September, which was expected to go through, according to both Mark Kallman , RTi’s v.p. We offer the following regional Polyvinyl chloride analysis and news coverage to keep you informed of factors and developments affecting prices in the Polyvinyl chloride marketplace.. Price reporting Price Reporting – More information about the price reports we publish on Polyvinyl chloride Polyvinyl chloride news and market information products from ICIS. ICIS provides specialist training courses across the global petrochemicals, base oils and fertilizers industries. Breaking news of latest developments affecting the markets. Market sources said some of … P-619-PF (Previous) PVC Schedule 80 Fittings: List Price Schedule PVC 80-920 (Current) List Price Schedule PVC 80-619 (Previous) PVC … Dec 22, 2020. Find out more about ICIS pricing reports >>. Each PE producer has a $0.03/lb increase set for either September or Oct. 1, and at least four producers have targeted an additional $0.03/lb increase for Oct. 15. This is the fifth price hike in PVC in Q3FY21 (+22%) after an increase of 18.9%, in Q2FY21. Deep-sea availability also unexpectedly tightened due to two US producers’ force majeure declarations in mid-August and early September respectively. Effective Monday, October 19, 2020, LASCO Fittings, Inc. will implement a price increase on our PVC-DWV fittings and ABS-DWV fittings. Access latest oil news and analysis, conferences and events. PVC piping is shipped in standard 10 foot or 20 foot length sections. Our comprehensive Polyvinyl chloride (PVC) reports covered by our locally-based experts, help to keep you abreast of the latest market developments and make vital business decisions. Subscriber Notes inform you of upcoming changes related to the markets that we report on, as well as requests for comment on new assessments, and announcements that assessments will be discontinued. The demand extent of the recovery surprised even PVC producers. 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