US July PVC exports soften on trade disruption, global uncertainty

Source: ICIS News

2018/09/14

HOUSTON (ICIS)--US exports of polyvinyl chloride (PVC) in July fell by 10% from June but was up by 3% from July 2017, according to data from the US International Trade Commission (ITC).

The July decline from June puts PVC export levels below the 2018 monthly average. It reflects disruptions to trade rhythms caused by tariff threats and an increasing cautiousness among buyers in some global markets.

Interactive Export Data Visualisation Available here. Please select “Polyvinyl chloride, not mixed with any other substances” from the drop-down menu in the Interactive Tableau Data Visualisation to see the latest ITC data.

US PVC is now facing trade threats from China tariffs of 25% if current US plans to implement tariffs on $200bn in imports from China are enacted.

US PVC exports are up 12% in 2018 compared to the first seven months of 2017, according to the ITC.

July PVC imports were up from June and from July 2017, the data showed. That keeps US imports flat with the 2017 period for the first seven months of the years.

Interactive Import Data Visualisation Available here.

Major US PVC  producers include Occidental Chemical, Westlake Chemical, Shintech and Formosa Plastics.