North American PVC operating rates at 79% for October, down 5% month-over-month, 9.3% year-over-year, according to industry report; PVC output reached 1.2 billion lbs., down 5% from September, 5% from 2010
December 2, 2011
– Operating rates at polyvinyl chloride plants in North America were at 79% in October, down more than 4% month-over-month and 9.3% year-over-year, Platts reported Dec. 2, citing an industry report issued this week.
PVC output in October reached 1.2 billion pounds, down 5% month-over-month and 5% year-over-year, Platts reported
Export sales in October totaled 518 million lbs., up 13% month-over-month, and flat year-over-year.
October's export-to-production ratio for slipped 7% from September to 45%, and was off 2.4% year-over-year. In the domestic market, PVC sales reached 668 million lbs., down 5% month-over-month and 8% year-over-year.
Domestic demand for PVC is likely to be sluggish through the end of 2011, according to the report. Total domestic demand for 2011 is forecast to be 5%-7% lower than 2010.
The primary source of this article is Platts, New York, New York, Dec. 2, 2011.