US export prices for polyvinyl chloride (PVC) declined this week, weighed down by tepid demand and ample supply. An industry source told a Polymerduniya team member that sellers faced difficulty closing deals since interest from buyers only emerged at levels below current price assessments. With US producers continuing to deliver sufficient volumes, buyers in key export markets are taking a cautious stance, holding off on purchases in anticipation of deeper discounts. Market participants warned that, unless demand revives, offers may soften further in the weeks ahead.
At FAS Houston, PVC export prices were assessed at USD 600–610/mt, down USD 10/mt from the previous week.
Feedstock prices also reflected downward pressure. Spot vinyl chloride monomer (VCM) was assessed at USD 450–460/mt FOB US Gulf, marking a USD 10/mt drop, while ethylene dichloride (EDC) prices slipped USD 5/mt to USD 105–115/mt. Upstream, spot ethylene prices declined to 22.00–22.50 cents/lb FOB U.S. Gulf, down by 1 cent/lb week-on-week.
Meanwhile, markets in Asia remained stable, with PVC prices in China assessed unchanged at USD 680–710/mt CFR.
