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    Home > Chemicals Industry > Rubber Plastic News > European PVC exports to CIS countries double in December

    European PVC exports to CIS countries double in December

    • Last Update: 2023-01-21
    • Source: Internet
    • Author: User
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    According to the ICIS-MRC price report, European producers have adjusted their prices for polyvinyl chloride (PVC) destined for the CIS countries in December

    The December contract price for ethylene was €10/t lower than the previous month, which in theory suggests that the net cost of PVC production has fallen by €4/t compared to November

    However, strong demand, including from the domestic market, offset this and kept prices at the same level

    The maintenance period for European plants is over and the supply of PVC is gradually increasing, but the market is still far from saturated
    In addition, disruptions to some producers remain


    According to market participants, Anwil in Poland in particular stopped production due to technical problems

    All these factors have allowed European producers to maintain record price levels in domestic and export markets over the past few years

    In general, SPVC destined for the CIS market traded at €1,650-1,710/t FCA in December, comparable to November levels

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