PVC prices rise as demand grows
from Plastics News
North American PVC resin prices jumped an average of 2 cents per pound in October, ending a streak of four consecutive months of flat pricing. Prices for the material hadn’t moved since rising 2 cents per pound in June. Market sources said that the October increase resulted from improving inventories and higher feedstock prices. Through September, U.S./Canadian PVC sales were up almost 5 percent, with domestic sales growth of almost 5 percent augmented by a similar surge in export sales. Sales of the material into its flagship rigid pipe and tubing sector were up more than 7 percent in that period.
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