Polyvinyl Alcohol Price Trend and Forecast

Polyvinyl Alcohol Regional Price Overview

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

 

Polyvinyl Alcohol (PVA) Price Trend for the Q1 of 2024

Product Category Region Price Time Period
Polyvinyl Alcohol Chemicals USA 2301 USD/MT March 2024
Polyvinyl Alcohol Chemicals Europe 3298 USD/MT March 2024


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

Asia

Polyvinyl Alcohol (PVA) prices were observed to be wavering throughout the first quarter of the year 2024. Market fundamentals were largely stable and behaved a little bit in favor of the PVA prices. The growth in the upstream costs because of the significant incline in the crude oil and energy prices pushed the market rates forward for PVA in the regional Asian markets. OPEC+ announced a cut in its supply output as both Russia and Iraq took a small reduction in their monthly quotas.
 

Polyvinyl Alcohol Price Chart

Polyvinyl Alcohol Price Trends and Forecast

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This fueled up the production and manufacturing costs for polyvinyl alcohol and pulled the price trend up. The feedstock vinyl acetate prices also had a role to play in this performance of the PVA market. Overall, an optimistic price-performance was observed during Q1’24.

Europe

In the European PVA market, the market sentiments were mixed as the price trend showed significant oscillations during the said time period. The first half of the first quarter was a little more humble compared to the second half. Initially, the inventories were able to support the domestic requirements well, but the consumption was sluggish for a long time since the previous quarters.

Because of low industrial activities in the previous quarters, the demands from the packaging and pharma sectors were dull. So, continuing that the PVA prices fell marginally in the early days of the said quarter. However, as crude oil prices remained heated in the global market, it pushed up the manufacturing costs in the European markets too. As a result, slight upward pressure was felt in the second half of the said quarter.

North America

Driven by the hike in raw material prices and energy costs, the PVA market progression in the USA was almost positive during the first quarter of 2024. Market demands were modest yet consistent and were able to somewhat support the pricing dynamics for the said duration. This created a pulling pressure on the prices for that duration. This stance was complimented by the upsurge in global crude and energy rates. Overall, a moderate market performance was witnessed.

Analyst Insight

According to Procurement Resource, given the current supply and demand dynamic and the current geopolitical scenarios, the price projections for Polyvinyl Alcohol look optimistic for the coming months.
 

Polyvinyl Alcohol (PVA) Price Trend for the October - December of 2023

Asia

Polyvinyl Alcohol or PVA is capaciously utilized in the adhesive, packaging, and pharmaceutical industries because of its high tensile strength with flexibility. The Asian polyvinyl alcohol markets were mostly observed to be stable during the discussed time duration.

Stable supply and demand dynamics led to the borderline stagnancy in the polyvinyl alcohol market prices. Along with the downstream demands, the low swinging production costs also played a critical role in determining polyvinyl alcohol market behavior. Further, the market costs of feedstock polyvinyl acetate also affected the polyvinyl alcohol price graph.

Europe

The European polyvinyl alcohol market was observed to be behaving in a similar manner to its Asian counterpart. The polyvinyl alcohol prices in the European market, too, wavered within a narrow range during the final quarter of the year 2023. The supply chain disturbances caused by the Israel-Hamas war disturbed the upstream dynamics temporarily; however, the wavering demand patterns compensated for the situation.

North America

The North American market trend for polyvinyl alcohol were not much different from the other major global markets. The prices observed confined oscillations here as well, with the low tottering demands guiding the market trend; borderline stagnancy was observed in the American polyvinyl alcohol market.

Analyst Insight

According to Procurement Resource, the Polyvinyl Alcohol price trend are anticipated to continue following a similar trajectory in the coming quarter. The market demands don’t project any major changes in the price trend given the current economic scenarios.
 

Polyvinyl Alcohol Price Trend for the July - September of 2023

Asia

The Asian polyvinyl alcohol prices were observed to be running high for the entire period of the third quarter of the year 2023. The primary reason behind these hikes in prices remained the extensive cost pressure from the feedstock vinyl acetate side. Other than this, the downstream polyvinyl acetate and polyvinyl hydroxide industries, too, experienced a surge, which pushed the polyvinyl alcohol price graph further up.

Rising crude oil prices in the region also contributed to the high swinging prices. So, since both upstream and downstream attributes with raw material and market demands worked in favor of the polyvinyl alcohol price trend, the market observed a consistent upliftment and registered rising numbers at the polyvinyl alcohol price index throughout the given time. Overall, positive market sentiments were observed.

Europe

The European polyvinyl alcohol market was rather dull during the given period. The demands from the downstream consuming industries were tepid for most of the period, however, since the suppliers were also conscious of their purchases in the high inflation previous months, the upstream cost pressure was manageable. With some occasional and temporary upward fluctuations, the prices mostly fluctuated in a very narrow range. Overall, moderate market sentiments were observed.

North America

The North American polyvinyl alcohol market almost mimicked the trend from the European market as the prices remained confined in narrow limits here as well. With a gloomy economic situation, very dull market activities were noticed around polyvinyl alcohol.

Analyst Insight

According to Procurement Resource, Polyvinyl Alcohol prices are likely to remain fluctuating in the coming months as well. Market demands will remain the primary driver for price trend.
 

Polyvinyl Alcohol (PVA) Price Trend for the First Half of 2023

Asia

A southward trajectory in the prices of polyvinyl alcohol (PVA) was observed in the first and second quarters of 2023. The trend suffered from the low demand from the paper, food, and textile industries. Amid slow demand, the stockpiles of the product increased in the region, and as a result, manufacturers were forced to decrease their production rates.

Europe

The price trend of polyvinyl alcohol followed a declining trajectory in the first two quarters of 2023 as the falling feedstock prices failed to provide the PVA market with the required support. Additionally, the rising level of inventories stood as a challenge for traders despite the lowering of production rates. In addition, the influx of cheap imports and weak market dynamics of packaging and paper industries led to the weakening of the market position of polyvinyl alcohol (PVA) and eventually led to a fall in its prices.

North America

PVA prices registered a downward trend in the US domestic market during the first half of 2023. The prices of feedstock materials declined along with the sufficient level of inventories to suffice the low demand from the downstream sector. Due to this, the producers had to cut their operation rates. Further, the rising interest rates owing to high inflation caused the price trend of polyvinyl alcohol (PVA) to dive southwards.

Analyst Insight

According to Procurement Resource, the price trend of Polyvinyl Alcohol (PVA) is estimated to showcase a falling trajectory as the demand from the downstream sector and cost support from feedstock materials seems feeble. 

Procurement Resource provides latest prices of Polyvinyl Alcohol. 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 Polyvinyl Alcohol

Polyvinyl alcohol is a synthetic polymer obtained via hydrolysis of vinyl acetate. This polymer is water-soluble, colorless, and odorless in nature that possesses a high level of tensile strength and flexibility. Due to its special qualities, like adhesiveness, film-forming capacity, and biodegradability, PVA has a wide range of applications.

It is a cement additive in construction materials, a sizing agent in textile and paper manufacture, an adhesive in woodworking, and a component in the creation of water-based paints and coatings. PVA is a useful and adaptable industrial substance that is also used to make medications, fake tears, and water-soluble packaging films.

Polyvinyl Alcohol Product Details

Report Features Details
Product Name Polyvinyl Alcohol
CAS Number 9002-89-5
HS Code 39053000
Synonyms PVA, PVOH, Polyethenol, Vinol
Industrial Uses Adhesives, Emulsifiers and dispersants, Detergents and Cleaning products, Pharmaceuticals, Packaging films, Construction materials, Paper industry
Supplier Database E.I. dupont de Nemours and Company, Nippon Synthetic Chemical Industry Co., Eastman Chemical Company, Sekisui Chemical Co.Ltd, Kuraray Co Ltd, Sinopec Sichuan Vinylon, Anhui Wanwei Group Co Ltd.
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.

Polyvinyl Alcohol Production Processes

The process involves the use of vinyl acetate to produce polyvinyl acetate in methanol. This product is then hydrolyzed in the same solvent media and sodium hydroxide to give polyvinyl alcohol.

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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