- Stable domestic and export prices- Additional production lacking





The US PVC market prices were steady in the
week ended March 22nd as market participants considered fresh economic
indicators. According to a producer from the
region, they will reduce prices by $60-$70/mt due to the high supply. We were
expecting a boost in Q1. Although demand increased, it was not
as high as everyone expected. " Another source said that
there is not much additional capacity in the event of a natural disaster
or shutdown. Multiple market participants have expressed
concern about the approaching hurricane season and the potential for market
volatilities in the event of a natural disaster. The US Federal Reserve
announced March 22 that it would raise interest rate by 25 basis points. This news
comes after Silicon Valley Bank and Signature Bank failed last week. It
has sparked fears for...