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PVC prices for European shipments to the CIS market rose in July

 Last Update: 2022-11-10
 Source: Internet
 Author: User

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It was reported on July 13 that according to the MRC price report, the supply of polyvinyl chloride (PVC) in Europe to the CIS market remained tight in July, with prices rising by 40-50 euros / ton
.

The price of PVC in July was 1390-1460 euros / ton (freight to the carrier), higher than the previous 1350-1510 euros / ton
.

European ethylene contract prices for July rose by €40/t compared to June
.

However, the main factor in European PVC pricing in the past year has been the imbalance between supply and demand, and the shortage of materials in July continued
.

Despite record high prices, demand for PVC in the CIS market remains healthy
.

Many market players in the K58/70 grade PVC market say they have not been able to fully replenish their inventories for at least three months
.

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