Posted on August 18, 2020. Subscriber Notes can be received by Commodity Region, and Note Type. Jan 04,2021 ; Yesterday Naphtha Prices closed higher in Europe. 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. Information is included on global and regional trade flows, production, capacity and sources of demand in the short-, medium- and long-term. Market sources said integrated producers were keeping EDC internal for downstream PVC production while most export volumes were being sold on contract, further limiting spot volume availability. Dec 22, 2020. An expert view of supply and demand comprising four fully-reconciled databases, giving you access to extensive data for more than 100 markets. Downstream consumption rose and increased competition for remaining volumes. Here you can view your reports and also access other useful services including related news, analysis, historical data and market alerts. 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. This can be difficult to explain because the price rises are not always based on an increase in the … LASCO Fittings, Inc. will implement a price increase on our PVC-DWV fittings, PVC-DWV Large Diameter (10-12) fittings and ABS-DWV fittings, which will be approximately 3 percent over the current prices. Schedule 40 PVC pipe adheres to ASTM D 1784 and is … Spot prices for European PVC exports have risen more than 8.5% compared with their lowest point last year, which was in November. 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. This comes despite lackluster demand and supplier plant operating rates of 51%, according to PCW’ s Barry and Robin Chesshier, RTi’s v.p. Made from durable PVC, these couplings join pipes of two different sizes. Closing Prices of May Future in China. Find out more about ICIS consulting expertise in China >>. Find out more about ICIS chemicals forecast reports >>, Find out more about ICIS fertilizers forecast reports >>. 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. It is a versatile thermoplastic with a wide range of uses including pipes & fittings, profiles, cables, flooring, films & sheets. OPaL prices w.e.f. Price Reporting – More information about the price reports we publish on Polyvinyl chloride, Independent price assessments and market coverage by region, Related products The demand extent of the recovery surprised even PVC producers. “Passing on material price increases to our clients can be problematic, especially when the increases are far in excess of the standard rate of inflation. Announcements of a second 3 cents/lb price increase for July followed. Our independent and unbiased commentary includes an overview of weekly market activity, demand and supply trends, production issues, upstream movements, graphs and economic news. By submitting this form you acknowledge that you have read and you agree to our, You must select at least one interest to continue,
You are a premium subscriber, we are unable to send you a link to reset password for security reasons., FUJAIRAH DATA: Oil product stocks drop to 4-week low after 2020 rollercoaster, Commodity Prices and Essential Market Data, Americas Petroleum & Energy Virtual Conference. Prices is a general Idea of Price fluctuations of Current PVC Resin K value – 67 in Mumbai Market. 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. Houston —
Polyvinyl chloride (PVC) is the third largest selling plastic commodity after polyethylene & polypropylene. Core PVC roofing contains ZERO oil byproducts. Over 25 years of reporting on key chemicals markets, including Polyvinyl chloride, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets. ICIS offers reports on over 180 commodities across the global petrochemical, energy and fertilizer markets. If you have any questions or concerns please contact support@platts.com or click here, Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center. 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. They represent a cost effective way to join pipes when two different sizes are needed. Mexico and the US continued to compete in export markets shipping material to South America, but hurricane-related force majeures resulted in a lack of US supply. Polyvinyl chloride (PVC) occurs as white, amorphous, odourless powder. An email confirming your password has been sent. Demand recovered to a level even greater than before the lockdowns as homebound workers refurbished and updated their homes, including adding home offices, backyard amenities and improvements such as new flooring. 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. But even more frustrating to me is a huge increase in the cost of flat roofing materials, such as PVC. We source speakers who have the appropriate expertise and experience to deliver excellent quality papers. But demand in Brazil was steadily strong, with buyers importing large volumes from several international sources. The June rates surprised some market sources, who had expected 80% or higher on stronger downstream PVC demand. 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. PVC-LD-820 (Previous) PVC Schedule 40 Pressure Fittings: List Price Sch. With lockdowns coming to an end after Q2, activity in all downstream industries increased and moved closer to typical trends. Enter your Email ID below and we will send you a link to reset your password. The Forecast is prepared by purchasing and packaging executives with more than 70 years collective experience sourcing packaging materials. They increase the integrity of the joint and also increase its abrasion resistance. Supply declined on several factors: lower chlor-alkali operating rates on overall weak chlorine demand; a feedstock problem that prompted a force majeure from two Formosa Plastics plants; and a hurricane that knocked out power to a Westlake Chemical feedstock plant in Louisiana, prompting the company to declare force majeure on all of its North American VCM and PVC production. Find out more about ICIS margin reports >>. The ICIS news service allows you to customise the market alerts delivered to your email inbox, providing the business-critical information you need straightaway. If you are a premium subscriber, we are unable to send you a link to reset password for security reasons. Access latest gas news and analysis, conferences and events. Kallman ventured that October PVC pricing could be flat, barring another production disruption. Find out more about ICIS consulting services >>. Price assessments vary depending on the region and include spot, import, export, domestic and contract prices. LONDON (ICIS)--Polyvinyl chloride (PVC) spot prices in several key global markets have soared in early 2020, as worldwide supply shocks squeeze export availability. This saves on overall handling costs and allows offering lower priced products. The weekly ICIS price reports are published in Asia, China, Middle East/south Asia, CIS, Europe, the US and Latin America. Find out more about ICIS training courses >>. Access latest coal news and analysis, conferences and events. Last week, prices stabilized at a more than two-year high amid signals that sentiment in China was faltering. Below prices are updated with a market study conducted by us. All our DWV reducers meet ASTM D 3311, 1866, 1784 standards. Southeast Asia’s import PP markets had been on the upswing since early May if a three-week correction period in August is disregarded. Venezuela’s PVC production has not restarted since mid-2017. Access latest power news and analysis, conferences and events. 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. 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. 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. As restriction measures across the region continued to ease, downstream construction and manufacturing activity slowly increased. Our training team of industry experts can help you increase your knowledge of the industry and gain the insight and know-how needed to operate and trade effectively. Prices were up 5.5 cents in September and now have climbed 20 cents since June. Weekly Resin Report: No Joy for Processors, as Resin Prices Continue to Climb. 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. Please contact the Client Services team. News & Analysis – News & market analysis specifically relating to Polypropylene. All four US polyvinyl chloride producers have announced 3 cents/lb price increases for August, in addition to the same amount sought for July and accepted for June. 1 December. Formosa Plastics USA has two ongoing turnarounds slated to wrap up in the coming days at its 736,000 mt/year chlor-alkali plant in Point Comfort, Texas, and at its 513,000 mt/year PVC plant in Baton Rouge, Louisiana. Access latest metal news and analysis, conferences and events. Export prices in the US and spot prices in India have also increased sharply. Access latest agriculture news and analysis, conferences and events. Brazil continued to import EDC to maintain operations at its PVC plant in Maceio. ICIS dashboard also makes it easy for you to create pricing charts, download price history and export data to create tailored analytical models. There were several other planned shutdowns which squeezed availability, with Spolana suffering a reactor fault which shut off Neratovice production. 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 … We have 5 foot sections of SCH 40 PVC, SCH 80 PVC and furniture PVC exclusively available for shipping ground. ICIS is part of the LexisNexis® Risk Solutions Group portfolio of brands. PVC supply in Latin America during Q3 was adequate to tight as construction projects were reactivated once the pandemic seemed to be somewhat under control. Working closely with you to understand your strategies, challenges and ambitions, the ICIS consulting team deliver tailored advice and solutions to suit your unique requirements. of PVC and engineering resins and PCW senior editor Donna Todd. The Holiday Schedule Alert is sent on Friday and provides information on the world's regional and national holidays impacting the publishing of our assessments, market reports and news wires over the week ahead. of PE, PS and nylon 6 markets. However, PVC availability has been seen as tight. P-619-PF (Previous) PVC Schedule 80 Fittings: List Price Schedule PVC 80-920 (Current) List Price Schedule PVC 80-619 (Previous) PVC … Polystyrene prices moved up another 3¢/lb in July and two major suppliers announced increases of 3¢/lb for August, which were expected to be at least partially successful. List Price Sch. Access latest petrochemicals news and analysis, conferences and events. It’s free and easy to do. When gluing pipe over 12” you should use a slow set glue to provide ample time in getting connections done properly and securely. The lack of activity in Q2 had resulted in low inventories for pipe processors, and buyers were keen to buy spot volumes to replenish inventories despite the lull in infrastructure activities amid the summer heat in the Middle East and the monsoon season in India. Find out more about the ICIS Supply and Demand Window. 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. You can control cookies through your browser settings. Find out more about the ICIS supply and demand database >>. 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. We have worked in consumer, food and the … In addition, the latest industry statistics show upstream US chlor-alkali rates were 72% in June, down from 75% in May. Many buyers who held off purchasing material at the height of the pandemic saw lower inventories, and subsequently started to restock more actively over the quarter. OPaL prices w.e.f. As of Sept. 29, OxyVinyls was the sole producer that announced an additional 4 cents/lb increase. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments. 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. Receive daily email alerts, subscriber notes & personalize your experience. ICIS provides specialist training courses across the global petrochemicals, base oils and fertilizers industries. Information covered in our price reports includes: Information is accessed online, via the ICIS dashboard service and is configurable to suit your preferences. Regional price assessments, published daily or weekly, enabling you to keep track of trading prices, understand price drivers/fluctuations and set a benchmark for contract price settl ements. PVC piping is shipped in standard 10 foot or 20 foot length sections. 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. The COVID-19 pandemic hit many industries hard in 2020, including automotives. 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. ICIS weekly margin reports deliver the detail you need to understand how production costs and prices are affecting margins, enabling you to judge the likely impact on your business and optimise your upstream and downstream business decisions. 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