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High oil prices drive PVC prices up

 Last Update: 2022-04-21
 Source: Internet
 Author: User

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ethylene vinyl acetate

oil gas journal

oil based varnish

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Recently, concerns about supply risks brought about by the situation in Russia and Ukraine continued, and international oil prices continued to rise, causing the price of polyvinyl chloride (PVC) to rise along with the price of crude oil

As of March 17, the 04 contract of NYMEX crude oil futures closed at $102.

80% of the domestic PVC production capacity adopts the calcium carbide method

Ethylene-made PVC is conducted through the industrial chain of crude oil - naphtha - ethylene - polyethylene - PVC

The trend of PVC depends more on its own supply and demand side

"With the continuous improvement of the domestic PVC spot supply and demand and the superimposed calcium carbide cost support, it is expected that the market outlook may usher in the second phase of the PVC market's active rise

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