Poly Vinyl Chloride (PVC) Prices: Trend, Pricing, Analysis | ChemAnalyst
For the Quarter Ending September 2023 North America In the quarter ending September 2023, Polyvinyl Chloride (PVC) prices in North America showed positive momentum, predominantly influenced by limited stock availability. August 2023 witnessed a notable supply squeeze in the United States PVC market due to planned shutdowns and maintenance at major PVC plants. This resulted in a price hike, sparking concerns about volatility. Key players affected included Formosa Plastics, whose 753,000 MT/yr capacity plant in Texas closed for maintenance in August, and another 536,000 MT/yr unit in Louisiana underwent maintenance in September. Westlake Chemical Corporate also temporarily closed its 725,747 MT/yr VCM plant in Louisiana in September, impacting downstream PVC production. Shintech, a major PVC producer, planned a shutdown of its 890,000 MT/yr unit in October for maintenance. Despite disruptions, September 2023 PVC prices stabilized towards the quarter's end due to reduced...