2016 has been a fairly stable year for PVC pipe prices. There are some signs of a possible increase to CPVC, which hasn’t seen an increase since 2014. There have been moderate increases on PVC base resin prices this year, around $0.07/lb. or 20%. However, the lack of robust demand has not allowed these increases to translate into large increases in pipe prices. A PVC base resin increase of around $0.02/lb. should translate to around a 4% increase in price. That is about the change that occurred in 3Q16. As construction season draws to an end, the possibility of the acceptance of another increase in the market appears unlikely, and traditionally, prices tend to drop during the fourth quarter. Although base resin prices seem to warrant an increase, general demand for PVC makes the increase less likely heading into 1Q17. Although increases in oil and natural gas prices could drive resin prices higher, increased pipe prices seem unlikely before 2Q17.