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PVC prices tick up in June

North American PVC prices have moved up an average of 1 cent per pound since June 1 as construction season has heated up.

Prices had been flat in May after moving up 1 cent in April. PVC prices now have increased in four of the last five months for a total increase of 7 cents in that period.

"The domestic market is strong," a PVC market source told Plastics News, "and the export market isn't too bad, even with China exporting a lot more."

U.S. housing starts for May came in at an annual rate of 1.39 million, according to the U.S. Census Bureau. That number was down 3.5 percent vs. April and down more than 9 percent vs. the same month in 2023. Construction activity accounts for about 60 percent of North American PVC demand.

One market source told PN that U.S./Canadian PVC production through April was up more than 10 percent vs. that same period in 2023.

* Source : https://www.plasticsnews.com/resin-pricing/north-american-pvc-resin-prices-tick-june

* Edit : HANDLER