Product
Vinyl Chloride Price Trend and Forecast
Vinyl Chloride Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of Vinyl Chloride in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
For the First Half of 2022
Asia
Due to the high cost of ethylene, vinyl chloride prices increased in the first quarter of 2022. Vinyl Chloride production costs increased as a result of a lack of raw materials, which put pressure on downstream businesses to meet market demands. In China, vinyl chloride costs in the first quarter of 2022 averaged 1471 USD/MT.
In Q2, 2022, the price of vinyl chloride increased due to the high cost of the feedstock ethylene. The cost of producing vinyl chloride increased this quarter as a result of inadequate inventory availability and a crippled supply of raw materials from abroad. Moreover, several scheduled maintenance shutdowns at chemical plants contributed to an increase in vinyl chloride prices in Asia.
Europe
Due to strong demand from PVC producers downstream, vinyl chloride price trends increased in Europe. Due to a continuing shortfall, the prices of all downstream derivatives of ethylene increased during this quarter. In Germany, the cost of vinyl chloride was estimated at 1383 USD/MT FOB Hamburg in March.
Vinyl chloride prices increased in Europe as a result of strong demand from the PVC sector downstream. The uptick in the inflation rate put upward pressure on the downstream businesses in the European region. In Q2 2022, substantial inflation in Europe contributed to a trend of rising vinyl chloride costs.
North America
Prices for vinyl chloride in North America's first quarter of 2022 remained stable, supported by steady demand from PVC makers further upstream. During the last week of the first quarter in the USA, vinyl chloride prices were estimated at 1311 USD/MT.
Due to strong offtakes from downstream PVC manufacturers, vinyl chloride prices in the North American region remained stable during the second quarter of 2022. A jump in the price movement of vinyl chloride was also caused by an increase in demand from the primary downstream PVC sector and a high rate of inflation.
Procurement Resource provides latest prices of Vinyl Chloride. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
Vinyl chloride is a colourless, volatile, and toxic gas belonging to the class of organ halogen compounds. It is primarily used to manufacture Polyvinyl chloride (PVC), a widely used plastic with numerous applications. Vinyl Chloride can cause damage to the liver and is classified as a human carcinogen; hence due to its toxic nature, it is extensively used to make PVC which is stable and non-toxic.
Product Details
| Report Features | Details |
| Product Name | Vinyl Chloride |
| HS CODE | 290321 |
| CAS Number | 75-01-4 |
| Industrial Uses | Paints/Coatings, Sealants, Polymers/Plastics, Refrigerants, Automotives |
| Chemical Formula | C2H3Cl |
| Synonyms | Chloroethene, Chloroethylene, Vinyl chloride monomer (VCM) |
| Molecular Weight | 62.49 g/mol |
| Supplier Database | BASF, Formosa Plastics, Occidental Petroleum, The Dow Chemical Company, Westlake Chemical |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Processes
Vinyl Chloride Production from Ethylene Dichloride; Vinyl Chloride Production from Ethylene and Chlorine; Vinyl Chloride Production from Acetylene; Vinyl Chloride Production from Ethane and Chlorine.
Vinyl Chloride Production from Ethylene and Chlorine: In this method, ethylene is converted to 1,2-dichloroethane (ethylene chloride) by reaction with chlorine. Then, 1,2-dichloroethane is heated in the presence of a charcoal catalyst giving vinyl chloride.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
Table Of Contents
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