PVC prices in the United States moved decisively lower through June, with PVC sellers pressured to clear inventories amid comfortable domestic availability. Early June saw cascading discounts into traditional channels as market participants shifted to offload PVC stock, while mid-month trading stabilized with little fresh demand impetus. By late June, spot PVC activity weakened again as participants absorbed an extended bearish trend and feedstock costs failed to lend support. Overall, the PVC market tone was dominated by inventory overhang and competitive selling rather than a pickup in downstream consumption, leaving spot interest thin across key end markets.
Demand from construction鈥攏otably PVC pipe鈥攁nd automotive PVC product channels remained weak, with sellers offering deeper concessions to attract limited spot interest. The PVC Suspension Flexible Grade K** DEL Texas contract was marked down month-on-month, with the reported June **** settlement at $***.**/MT versus a prior reference of...
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