Source link : https://news7.asia/news/asia-and-us-pvc-prices-plummet-at-june-end-as-market-fundamentals-weaken/
Asian and U.S. polyvinyl chloride (PVC) prices experienced notable declines as June came to a close, driven by persistent weak market fundamentals, according to industry insights from ChemAnalyst. The downturn reflects ongoing challenges including sluggish demand, ample supply, and subdued downstream activity, signaling continued pressure on PVC markets across key regions. This latest price slide underscores the broader momentum affecting vinyl chloride derivatives amid fluctuating economic conditions and trade dynamics entering the mid-year period.
Asia PVC Prices Decline as Demand Softens Amid Global Market Uncertainty
Asia’s polyvinyl chloride (PVC) market witnessed a noticeable pullback as end-user demand softened, driven largely by lingering uncertainties in the global economic landscape. Major buyers displayed caution with inventory restocking delayed amid concerns over fluctuating raw material costs and supply chain disruptions. The downward pressure was particularly evident in China and South Korea, where sluggish construction activities and a slowdown in manufacturing exacerbated the price decline. Suppliers also reported reduced spot offers as downstream sectors remained hesitant, awaiting clearer market direction before committing to fresh contracts.
Key factors impacting the price slide include:
- Slower-than-expected industrial output and construction sector activity
- Volatile global oil prices affecting feedstock costs
- Ongoing trade tensions and logistical…
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Author : Atticus Reed
Publish date : 2025-07-06 09:45:00
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