Vinylidene Chloride Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Vinylidene Chloride in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Vinylidene Chloride Price Trend for the Second Half of 2023

Asia

The price trend for vinylidene chloride was observed to be mixed in the Asian markets during the given time period, given the fluctuating costs of feedstock vinyl chloride and downstream consumption patterns. Since downstream consumption rose in the Indian market with the development of the economy, the prices for vinylidene chloride also showed slight improvements. Though the fluctuations in the vinylidene chloride prices were very limited throughout the region, the Indian market’s performance was relatively better than the Chinese market.

Vinylidene Chloride Price Chart

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Europe

The given period of H2’23 was a little challenging for the European vinylidene chloride markets. Quarter three began with overstocked inventories in July since a tepid consumption in the previous months led to an accumulation of unsold stocks.

Despite sellers discounting the prices the customer interest remained sullen in the region. Though the inflationary pressure the region faced in the early months of the year was somewhat released during this time, the spending patterns had significantly altered. Overall, a dull market performance was witnessed.

North America

The North American vinylidene chloride market experienced a largely stable price trend during the said period. The suppliers in the region had acquired a strong wait-and-watch approach early on, which helped in maintaining a healthy parity between the supply and demand outlooks of vinylidene chloride. The shipping hurdles during the later months of the final quarter did affect the offshore trade a lot; overall, market sentiments exhibited borderline stagnancy.

Analyst Insight

According to Procurement Resource, the Vinylidene Chloride price trends are expected to continue to be heavily demand-dependent in the coming months. Given the current supply dynamic, the prices are likely to oscillate within confined limits.

Vinylidene chloride Price Trend for First Half of 2023

Asia

In the Asia Pacific, the price trend of vinylidene chloride traced an inclining trajectory as the persistent demand for the product helped in the growth of the vinylidene chloride market sentiments. The demand for vinylidene chloride was majorly regulated by the construction and related sectors in the first quarter of 2023.

The second quarter, on the other hand, struggled with the loss of interest of consumers and lack of support from the feedstock prices. Further, the holiday season in China slowed down overall market activities and thus resulted in the decline in the prices of vinylidene chloride.

Europe

In both the first and second quarter of 2023, the vinylidene chloride prices declined consistently. In both quarters, the demand from the PVDC and other polymer industries fell gradually, hampering the growth rates of vinylidene chloride prices. Amid the falling growth rates, the supply and production of vinylidene chloride surged several folds, which only increased the inventory levels. In addition to this, the pressure of the economic crisis and rising debt made the market much more vulnerable and thus caused the price trend of vinylidene chloride to face southward.

North America

In North America, the price trend of vinylidene chloride traced a downward trajectory as the demand from the PVC industries declined significantly in the first quarter. The demand dynamics did not change much in the second quarter, too. Due to falling global economic conditions and a hike in inflation and interest rates by banks, the price trend of vinylidene chloride suffered adversely. Further, the rising stockpiles pressurized the traders to reduce their profit margins.

Analyst Insight

According to Procurement Resource, the price trend of Vinylidene chloride is estimated to follow a declining trajectory. The poor performance of the polymer sector and the rising economic crisis will likely lead to a downfall in the vinylidene chloride price trend.

Procurement Resource provides latest prices of Vinylidene 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.