Stay abreast of the regional Polyvinyl chloride markets that matter to you.
From pricing information to the analysis you need to understand it, ICIS coverage of regionalPolyvinyl chloride markets is second to none.
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Polyvinyl chloride news and market information products from ICIS
We offer the following regional Polyvinyl chloride coverage to keep you informed of factors and developments affecting prices in the Middle East-South Asia Polyvinyl chloride marketplace.
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News & Analysis - News & market analysis specifically relating to Polyvinyl chloride
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Insight and analysis of factors driving prices.
Updated to Q1 2018
Supply was tight in the Middle East and India on a busy maintenance season in the first quarter. In the Middle East, supply tightened significantly in March after a regional producer had no material available due to production issues. Shipments from US suppliers were also delayed due to the winter and port congestion. Supply was also tight in India as several northeast Asian producers from South Korea and Japan had scheduled plant turnarounds in March.
Demand for PVC in the Gulf Cooperation Council (GCC) during the first quarter was stable-to-strong. At the start of the first quarter, demand was stable as buyers purchased material on a need-to basis. However, demand picked up in February and March, on an increase in infrastructure and government projects. Demand in the East Mediterranean remained weak throughout the first quarter, as the political instability of the region hampered trade and discussions. In India, demand was also mixed in the first quarter. In January to early February, demand strengthened on a seasonally strong demand for pipes. However, demand tapered off and fell in March, as a result of the ban of letters of undertaking (LOUs) and letters of comfort (LOCs) imposed on the local banks. The ban weighed on buying sentiment as LOUs and LOCs are widely used to fund imports. Demand also weakened as India reached the fiscal year-end in March.
ICIS publishes a weekly report for South Asia and Middle East polyvinyl chloride (PVC) and quotes spot prices on a cost & freight (CFR) basis for four different regions: the Gulf Cooperation Council, Pakistan, India and East Mediterranean.
We work as a global team covering PVC markets.
Since prices and sentiment, in the Asia and Middle East market influence the middle East markets, coverage of the latest monthly price announcements in Asia is also covered in the report.
We also offer our subscribers the most recent and detailed updates on discussions for cargoes of different origins in the South Asia and Middle East markets.
Since we talk to all the major players who produce, buy and sell PVC, ICIS builds up a comprehensive and un-biased view of the market.
Our report is extremely useful to our customers, who are looking for a reliable and independent benchmark for spot transactions.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Polyvinyl chloride. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Polyvinyl chloride, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.