As the year xxxx has arrived, market participants have started speculating pricing trend for multiple chemical commodities including Polyvinyl Chloride (PVC). As per the assessment of ChemAnalyst, PVC producers are expected to witness profitability pressures in Qx xxxx as global demand softens further due to a slower-than-expected recovery of the global economy. This could be exacerbated by an anticipated oversupply situation in the next quarter, which will exert pressure on margins and profitability of PVC producers in xxxx. Additionally, the diminished PVC downstream demand from the construction sector posed challenges for PVC industry participants throughout the majority of xxxx. The prevailing economic uncertainty overshadowed earlier anticipations of a surge in demand. Market participants faced sluggish consumption both domestically and in export markets, while PVC sellers grappled with narrow profit margins.
The demand for PVC has been subdued across the Eurozone, and this trend is anticipated...
