The United States saw an increase in PVC prices during the middle of January **** because tight logistics conditions and extremely low inventory levels provided support for the price rise while construction and housing demand remained weak.
The trucking data showed a minor increase in freight movement which directly affects the chemical industry. The American Trucking Associations (ATA) reported that trucking activity in December showed a small increase compared to November with the seasonally adjusted For-Hire Truck Tonnage Index rising from ***.* to ***.*. The index increased by *.** from December **** which indicates stabilization after two months of decline on year-on-year basis. The freight market conditions continued to deter growth because only *.** of capacity expanded throughout the year.
Road transport holds special significance for the PVC market because it represents approximately *** of all US...
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