PVC

After PVC prices had known only one direction since April 2022, the downward trend ended in February. Prices for PVC and compounds turned upwards, albeit only marginally. Producers attempted to price the pro-rata costs for ethylene (up by €85/$90t) into their offers but were met with only limited success. Restrained demand coupled with a more than adequate supply kept prices in check. This is because...

The downward trend in PVC prices continued on into the new year. It was not only the lower ethylene quotation for January that prompted price reductions. Additional pressure came from weak demand, given the sluggish economic situation and the shorter production month, and from the ready availability of material due to abundant – and still low-priced – imports. The first month of the year was...