The PVC market is experiencing seasonal weakened demand and very good supply. This has led PVC manufacturers to begin discounting further from the September price than they have in previous months. This likely is to continue until spring, unless there is a big increase in demand or disruption in the supply of resin. Currently, PVC pricing appears to be stable or decreasing.
Resin producers have implemented increases that should be seen in the market by February 1. The demand for HDPE products is very strong and rising, providing support for the resin producers to hold firm on this increase and could bode well for further increases over the next 90 days, but trying to read their minds involves a lot of guesswork. One may think with additional resin capacity coming online that producers may hold on increases. However, this is doubtful because of the lure of the export market.
The American Supply Association (ASA) and its Industrial Piping Division (IPD) is the national organization serving wholesaler-distributors and their suppliers in the industrial and mechanical pipe-valve-fitting industry. As a powerful alliance of channel partners, we provide a forum for your upstream trading partners to exchange critical information and address key issues.
In particular, ASA’s IPD members constantly check the pulse of the materials and commodities they proudly supply to you. ASA’s IPD members are knowledgeable industry leaders, and those who volunteer their service on the IPD Executive Council compile and prepare the IPD Commodity Reports. The Reports contain some of the most current and qualified market data and information available from the industry’s leading manufacturers and distributors about emerging trends and other price-influencing actions and events.
This information is an example of how ASA’s IPD manufacturer and distributor members are constantly looking ahead to ensure you have information and resources you need to be successful. Learn more at www.AdvanceYourAbility.com.