PVC resin prices have been climbing after dropping in the previous months. Demand is strong, slightly outpacing production. Pricing appears to be on the rise in the near future with multiple pipe increase letters and fitting increase announcements. Domestic resin prices are up slightly for the year with transportation costs driving much of the recent increases.
Currently, sales are outpacing production due to seasonally strong domestic demand. Threats of tariffs are dampening export and import activity. Any major disruptions in the price of oil and natural gas could continue to be a factor going forward.
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.
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