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Pricing Overview

Polymer & Resin | Poly Vinyl Chloride (PVC) Pricing Overview

Market Overview

Quarterly Update on Global PVC Market
For the Quarter Ending June 2020
 
·         Asia
 
Asian PVC market outlook remained strong as several manufacturers were seen dumping cargoes earlier this year resulting in lower inventory levels of the product. The supply deficit aggravated further with a major producer in Northeast Asia implementing a maintenance turnaround. As many countries managed to tackle the spread of contagion, market activities slowly increased by the end of the quarter with continuous ease in restriction measures across the region. Traders witnessed increased purchasing as buyers were optimistic over further demand revival with resumption in production for majority of the downstream industries. With several scheduled plant outages in the next quarter, the demand and supply gap are anticipated to widen in the later part of the year.
 
·         Middle East
 
As major exporting countries in South Asia and U.S. struggled to pull off their trade activities due to force majeures like production cuts and turnarounds to contain the spread of virus, supply of PVC tightened in the quarter ending June 2020. Although domestic manufacturers operated their plants at maximum capacity but were unable to sufficiently cater the overall demand. Despite damped infrastructure activities in the regions, buyers were keen to buy large spot volumes of pipe grade PVC on high hopes of resumption of construction activities by the coming quarter and to replenish the slumped inventories due to pandemic blows.

How we can help

ChemAnalyst addresses the key problematic areas and risks associated with chemical and petrochemical business globally and enables the decision-maker to make smart choices. It identifies and analyses factors such as geopolitical risks, environmental risks, raw material availability, supply chain functionality, disruption in technology and so on. It targets market volatility and ensures clients navigate through challenges and pitfalls in an efficient and agile manner. Timeliness and accuracy of data has been the core competency of Chemanalyst, benefitting domestic as well as global industry in tuning in to the real-time data points to execute multi-billion dollar projects globally.”

Services

Market Analysis
 
Company-wise installed capacity, production volume and plant operating efficiency is captured directly from manufacturers. Import and Export volume is captured from government sources and demand for PVC is calculated considering the production, import, export and inventory-levels on the country and regional level markets.
 
Pricing Analysis
 
PVC price is correlated with the price trend of its feedstock crude oil, power and demand-supply gap with that of its biproducts such as Chlorine, Caustic Soda etc.
 
Company Profile
 
Basic details and information on financial performance of leading global players in PVC market is presented in a visually captivating manner. Expansion plans and the company’s strategy is also captured to understand the vision and mission of the company to help understand the areas where companies need to focus more.
 
News & Deals
 
Daily updates on industry-specific and product-specific news, exclusive primary-based news capturing plant shutdowns/outages/closures, capacity expansions, operating rates, insights on demand-supply situation, awarding of technology licenses, new product launch and deals specifying mergers and acquisitions, strategic investments and disinvestments, to help players capitalize on market opportunity.

Methodology

ChemAnalyst gathers information through primary research surveys conducted with various PVC manufacturers, spread across domestic and international market, suppliers and dealers/distributors to gain insights into value-chains and demand-supply scenario to assess the market situation. Thorough study of company’s annual reports and secondary sources such as exhaustive search on credible paid databases, including our internal database is done to verify the information. All the collected information is analyzed, evaluated and presented in chronological order to depict a meaningful and clear picture of the concerned market.
 
Our dedicated team of industry experts comprehensively monitors and analyzes various aspects of the Global PVC market. The team analyzes various industrial segments, strategic viewpoints and provides an analysis of the industry’s performance in the long run. This would enable our clients in efficiently plan their future investments, mitigate risk, understand the cost dynamics and strike out a balance amidst market volatility.
 
Critical examination of the impact of COVID-19 pandemic on the global supply chains and shift in demand patterns with change in buying behavior of consumers across the globe.
 
Several ongoing development projects across industries are tracked, followed by the details of major projects in the development stage, which can positively or negatively influence Global PVC market.
 
Pricing is captured through exhaustive primary interviews with domestic and international manufacturers, traders and importers and customers on daily, weekly, monthly and yearly basis.
 
Finally, region-specific markets for PVC are analyzed and region-wise demand pattern is tracked.

About

Poly Vinyl Chloride (PVC) is a highly popular synthetic plastic polymer with versatile and economic properties. It exists in granular or powder phase as a brittle, white solid material. PVC is the second largest produced Plastic polymer accounting for more than 20% among all plastic produced worldwide. It is preferred as an environment friendly alternative with respect to other available polymers as it utilizes fewer fossil fuels. Owing to the ideal properties like high tensile strength and thermal resistance, PVC is majorly utilized in a number if end-use industries like construction, packaging, medical and healthcare, electrical and electronics and other. In the production of PVC, 57% of its molecular weight is contributed to common salt while 43% of it is contributed to hydrocarbon feedstocks such as Ethylene. Commercially, PVC can be produced either with Suspension PVC Process or Emulsion PVC Process. Chlorination of feedstock Ethylene and pyrolysis of Ethylene Dichloride in a cracking unit produces Vinyl Chloride Polymer which is further polymerized into Poly Vinyl resins. Bi products released in the manufacturing process of PVC includes Caustic Soda and Chlorine, two of the highly popular compounds in pharmaceutical and regular households.