Get the latest insights on price movement and trends analysis of Polyvinylidene Chloride Resins in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Polyvinylidene Chloride Resins Price Trends for the First Half of 2023
The Asian price trends for Polyvinylidene Chloride Resins were observed to be bearish throughout the first half of 2023. PVDC prices mostly fluctuated at the lower end. It was dull demand from the downstream construction and packaging industries that kept the Polyvinylidene Chloride Resins prices riddled. Uncertainty around crude oil prices and high amounts of existing inventory stocks also aided the downfall. Overall, low swinging price patterns were observed for PVDC Resins throughout the Asian region.
The European Polyvinylidene Chloride Resins market behaved no differently than its Asian counterpart. Inventory stocks were overflowing, and the construction sector had taken a major hit as the cost of living rose amidst mounting inflation. This led to the tumbling down of market offtakes and the slowing down of market fundamentals. Overall muted market sentiments were observed for Polyvinylidene Chloride Resins prices throughout the said period.
The North American Polyvinylidene Chloride Resins market followed the global declining price trends as well. As the interest rates grew across the USA because of failing of two major banks, people’s investment behaviours altered, leading to declining investments in the construction sector. Upstream costs were reduced reasonably because of freight normalization and a decline in crude oil prices. Low offtakes led to supply overflow, causing the price trends to tread on a downward trajectory.
According to the Procurement Resource, Polyvinylidene Chloride Resins prices are expected to remain unsettled in the coming months, given the high inventory stocks, falling feedstock prices and sluggish demands.
Polyvinylidene Chloride Price Trends for the Second Half of 2022
The Asian European market saw a sluggish demand from the end-user industries for the commodity. The construction sector witnessed a huge drop in consumer confidence as inflation rose, a major cause of the decline in PVDC prices. September typhoons in several Asian regions and weak market conditions resulted in a bearish trends throughout the third and fourth quarters.
The European market witnessed a decline in the third quarter supported by weaker domestic offers from the region’s downstream construction industry. Upstream energy costs consistently remained high, and the Russian energy and oil supply bottleneck continued to be a major problem for the market producers. The rise in inflation also impacted the consumers’ willingness to purchase the commodity. These market uncertainties continued to play a major role in the decline throughout the said period.
The PVDC market kept bearish in the said period considering the low upstream feedstock costs for polyvinyl chloride and weak downstream demand from the building industry. Due to constrained house-building activities in the region, there was a slowdown in construction demand, which negatively affected the price trends for polyvinylidene chloride resins. Another factor that assisted in the decline was the tensions/congestions in the West port of North America causing long delays in shipment, thereby hampering the overall logistics.
The prices of Polyvinylidene Chloride are likely to remain volatile during the coming months considering the current market momentum. As the demand from the construction industry recovers steadily, the prices are expected to stabilize in the long run.
Procurement Resource provides latest prices of Polyvinylidene Chloride Resins. 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.
Polyvinylidene Chloride is a homopolymer obtained via the polymerization of vinylidene chloride with other monomers such as acrylic esters and unsaturated carboxyl groups. It is highly resistant to acids and alkalis and is insoluble in oil and organic solvents. These chemical properties make it ideal for barrier coatings and food packaging, especially for products with high-fat content and intense aromas. PVDC is impervious to mould, bacteria, and insects.
|Product Name||Polyvinylidene Chloride Resins|
|Industrial Uses||Food Packaging, Coatings/ Paints, Adhesives, Wastewater Treatment, Fabrics|
|Synonyms||PVDC, Polyvinylidene Chloride, Poly(1,1-dichloroethene)|
|Supplier Database||Axiall, ChemChina, Formosa, Inovyn|
|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.
In this process, the raw material, i.e., vinylidene chloride, is pressurized, liquefied, and then fed into the reactor where water and suspending agents are already present. The initiator is fed into the polymerization reactor, where PVDC separates as tiny particles and is allowed to grow until it obtains the desired mass. Then the unreacted vinylidene chloride is distilled off and used again.
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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