Chlorinated Polyvinyl Chloride Price Trend and Forecast

Chlorinated Polyvinyl Chloride Regional Price Overview

Get the latest insights on price movement and trend analysis of Chlorinated Polyvinyl Chloride in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

 

Chlorinated Polyvinyl Chloride Price Trend for the Q1 of 2024

Product Category Region Price Time Period
Chlorinated Polyvinyl Chloride Chemicals Europe USD 1900/MT March 2024


Stay updated with the latest Chlorinated Polyvinyl Chloride prices, historical data, and tailored regional analysis
 

Asia

CPVC prices exhibited a very close resemblance to its feedstock materials, polyvinyl chloride and chlorine, during the first quarter of 2024. Chlorinated Polyvinyl Chloride (CPVC) prices showcased fluctuation throughout the entire timeframe. Market trends during this period appeared to be influenced by various factors, resulting in a hybrid performance.
 

Chlorinated Polyvinyl Chloride Price Chart

Chlorinated Polyvinyl Chloride Price Trends and Forecast

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Initially, demand remained humble due to sufficient inventory support across different markets, exerting little pressure on prices. However, escalating upstream costs, driven by a stupendous increase in crude oil and energy prices, propelled PVC rates in Asian markets. Despite this riddled performance, the Indian CPVC market outperformed the Chinese market during this timeframe. While Chinese CPVC prices for pipe grade showed a slight decline from January to March, Indian CPVC prices experienced a modest increase during the same period. Overall, positive market sentiments were witnessed in Q1’24.

Europe

In the European Chlorinated Polyvinyl Chloride (CPVC) market, the price dynamics displayed notable variability throughout the observed period. The first segment of the quarter witnessed a discernible shift in sentiment compared to the latter portion. Initially, there was an upward trajectory attributed to factors such as heightened production costs stemming from increased fuel and energy prices following the OPEC+ announcement. This resulted in a subsequent rise in average prices. However, as stockpiles began to outpace demand significantly, prices experienced a subsequent decline. By the end of the said period, average prices for CPVC had started receding.

North America

Fueled by increases in raw material costs and energy expenditures, the CPVC market in the United States experienced positive momentum throughout the initial quarter of 2024. Although market demand remained modest, it provided consistent support to pricing dynamics during this period. Average monthly prices in the American market saw an upward trend, signaling a nominal growth in CPVC prices by March’24. Overall, the market exhibited a tepid yet steady performance throughout the said period.

Analyst Insight

According to Procurement Resource, the Chlorinated Polyvinyl Chloride (CPVC) prices are expected to continue behaving in a similar varying manner going forward as well. The current global trade scenarios will affect regional trade sentiments differently.
 

Chlorinated Polyvinyl Chloride (CPVC) Price Trend for the October - December of 2023

Asia

Chlorinated Polyvinyl Chloride or CPVC is produced by chlorinating polyvinyl chloride by exposing it to chlorine gas. Since Chlorinated Polyvinyl Chloride offers higher strength, heat resistance, and other enhanced properties, it is more suitable for higher temperature conditions like hot cold water distribution systems. However, since the polyvinyl chloride acts as CPVC’s feedstock, their price trend closely align with each other.

During the given period of Q4 of 2023, the CPVC market trend were observed to be more mixed in the Asian markets. The Chinese market was observed to be weaker than the Indian market. The rapid pace of consumption of CPVC in the Indian market, especially from the construction industry, guided these market sentiments. Overall, variations were observed in the CPVC price graph throughout the said period.

Europe

The European Chlorinated Polyvinyl Chloride industry was also found to be riddled during the concerned time frame. Dull demands and stocked inventories pulled the prices down occasionally. Feedstock polyvinyl chloride market prices also didn’t provide any substantial upstream cost support here. The general market sentiments were observed to be weak around CPVC.

North America

The US Chlorinated Polyvinyl Chloride market was relatively more stable than the Asian and European markets. The prices were observed to be tottering between confined limits during Q4’23. These trend suggested a balance between the supply and demand outlooks in the region.

Analyst Insight

According to Procurement Resource, Chlorinated Polyvinyl Chloride prices are likely to continue fluctuating similarly in the coming months, considering the market dynamics and pricing fundamentals.
 

Chlorinated Polyvinyl Chloride Price Trend for the July - September of 2023

Asia

The depreciation in the prices of chlorinated polyvinyl chloride in the third quarter of 2023 was a result of the poor outlook of the downstream industries. During this phase, the feedstock costs appreciated but were not enough to support the falling trend of chlorinated polyvinyl chloride prices. In addition to this, the struggling condition of the economy further reduced the profit margins of traders and resulted in the downward trajectory of chlorinated polyvinyl chloride prices.

Europe

The trend of chlorinated polyvinyl chloride observed in the European countries were exactly opposite of what was seen in the Asia-Pacific region. The chlorinated polyvinyl chloride regional prices appreciated on account of high demand and positive growth of the European industrial sector. In addition to this, the production activities took a fall amid struggling conditions of the supply chains that depleted the level of inventories and resulted in the surge in the chlorinated polyvinyl chloride price trend.

North America

In North America, the price trajectory of chlorinated polyvinyl chloride mimicked the trend observed in Asian countries. The most significant factor in the poor growth of the chlorinated polyvinyl chloride price graph was the fall in industrial activities and the sudden halt in many construction projects. This caused the consumption rates to fall significantly and thus resulted in the fall in the chlorinated polyvinyl chloride price trend.

Analyst Insight

According to Procurement Resource, the price trend of Chlorinated Polyvinyl Chloride are expected to trace an uncertain trajectory on account of oscillating demand and increasing cost of feedstock materials.
 

Chlorinated Polyvinyl Chloride Price Trend for the First Half of 2023

Asia

The first two quarters of 2023 witnessed a surge in the prices of chlorinated polyvinyl chloride. The rise in the number of inquiries from regional and overseas buyers supported the rising prices. This, in turn, led to a decline in the availability of the product in the region, and with severe fluctuations in crude oil prices, the price trend of chlorinated polyvinyl chloride soared upwards.

Europe

The chlorinated polyvinyl chloride market declined gradually in the first and second quarters of 2023. The slow movement of the construction industry was the major cause of this declining trend, followed by the chlorinated polyvinyl chloride market. This was due to high pressure on consumers as the interest rates and cost of living in the region saw a noteworthy incline. Thus, with strong supply, slow demand, and weak movement of the international market, the prices of chlorinated polyvinyl chloride declined.

North America

The high level of inventories and weak demand from the end-user industries with high competition due to the imports from other nations kept the price trend of chlorinated polyvinyl chloride in the negative zone. In addition, the rising interest rates and increasing competitive cost pressure also aided in the downfall of the prices of chlorinated polyvinyl chloride in North America during the first two quarters of 2023.

Analyst Insight

According to Procurement Resource, the price of Chlorinated Polyvinyl Chloride is expected to showcase a volatile trend in the upcoming months. The construction sector is fluctuating in demand, and with rising inflation, the CPVC market is expected to struggle.

Procurement Resource provides latest prices of Chlorinated Polyvinyl Chloride. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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About Chlorinated Polyvinyl Chloride

Chlorinated Polyvinyl Chloride (CPVC) is a thermoplastic polymer obtained by chlorinating polyvinyl chloride (PVC). The chlorination process enhances the material's heat resistance, flame retardancy, and chemical resistance, making CPVC suitable for various high-temperature applications where standard PVC might not be suitable. CPVC has a higher maximum operating temperature compared to PVC, typically up to 93°C (200°F) and can handle higher pressures.

It is commonly used in plumbing systems for hot and cold-water distribution, as well as in industrial applications involving corrosive fluids or elevated temperatures. Additionally, CPVC is employed in fire sprinkler systems, chemical processing equipment, and electrical conduits due to its favorable combination of properties.

Chlorinated Polyvinyl Chloride Product Details

Report Features Details
Product Name Chlorinated Polyvinyl Chloride
Chemical Formula (C9H11Cl7)n
Industrial Uses Water treatment, Automotive and aerospace appliances, Electrical circuits, Industrial piping, Plumbing systems
CAS Number 68648828
HS Code 39049010
Supplier Database The Lubrizol Corporation, ASTRAL LIMITED, Shandong Novista Chemicals Co. Ltd, Jiangsu Tianteng Chemical Industry Co Ltd, Grasim Industries Limited, Reliance Industries Ltd, Hanwha Solutions
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Chlorinated Polyvinyl Chloride Production Processes

The reaction starts when a new chloride atom, specifically an atom of polyvinyl chloride, is added to the base molecule. In essence, it increases the material's resistivity and gives it the ability to sustain extremely high temperatures.

Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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