Vinyl Chloride Monomer Price in India

 

  • India: 679 USD/MT

In December 2023, the cost of vinyl chloride monomer (VCM) in India peaked at 655 USD per metric ton for the fourth quarter. Limited VCM availability sparked intense rivalry among buyers.

The latest IMARC Group report, " Vinyl Chloride Monomer Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," presents a detailed analysis of Vinyl Chloride Monomer Prices, offering key insights into global market dynamics. This report includes comprehensive price chart, which trace historical data and highlights major shifts in the market. The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.

For strategic planning, the report provides Fluorspar Price forecast, allowing businesses to anticipate price shifts and make informed decisions about procurement and investment. The forecast draws on historical data, market trends, and key economic indicators, ensuring a reliable outlook for stakeholders. Additionally, the inclusion of the price index offers a broader view of market performance over time, providing a valuable benchmark for evaluating market trends. With these insights, the report equips industry stakeholders with the tools needed to navigate the complex global market and optimize their strategies in response to evolving conditions.

Vinyl Chloride Monomer Price Analysis:

  • Qatar: 621 USD/MT
  • Germany: 934 USD/MT

Report Offering:

  • Monthly Updates: Annual Subscription
  • Quarterly Updates: Annual Subscription
  • Biannually Updates: Annual Subscription

The study delves into the factors affecting vinyl chloride monomer price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.

The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.

Request For a Sample Copy of the Report:  https://www.imarcgroup.com/vinyl-chloride-monomer-pricing-report/requestsample

Vinyl Chloride Monomer Prices - Last Quarter

Vinyl chloride monomer (VCM) is primarily used to produce polyvinyl chloride (PVC), which is in high demand across construction, automotive, and packaging industries. The increasing need for construction materials like pipes, window frames, and insulation, especially in developing regions, is catalyzing the demand for VCM. Besides this, rapid urbanization and infrastructure projects, particularly in countries like China, India, and the Middle East, are driving the demand for PVC-based products. Government initiatives to develop housing and public infrastructure are also contributing to the market growth. In addition, PVC is used in various automotive applications, such as interior trims and wire coatings, due to its durability and cost-effectiveness. With the global automotive industry expanding, VCM demand is seeing a positive impact.

Vinyl Chloride Monomer Price Analysis

In Q2 2024, the VCM market in Europe faced price declines, mainly due to weak demand from the PVC sector and intensifying competition among suppliers. Economic uncertainty added to the market's fragility, and reduced ethylene expenses were insufficient to buoy prices. Challenges in logistics and shipping, alongside industry cutbacks in output, contributed to market fluctuations. These dynamics, combined with supply issues, kept European VCM prices under pressure.

During Q2 2024, VCM prices in North America rose sharply, driven by restricted supply and higher input costs amid low inventory levels and a peak in crude oil rates. Extreme weather events, including floods and hurricanes, disrupted industrial operations and complicated supply chain logistics, worsening container shortages. Strong domestic PVC consumption and rising export demand to Asia and Africa further fueled the price hike.

In Q2 2024, the VCM market in the Middle East and Africa remained relatively stable due to an oversupply and falling crude oil prices. Ample stock availability and high ethylene rates pushed prices downward, while fierce competition from Asian suppliers intensified this trend. Container shortages and reduced manufacturing costs impacted supply chains, while Saudi Arabia faced price fluctuations, influenced by high supply and moderate consumption.

The VCM market in Asia Pacific remained largely stable throughout Q2 2024 owing to abundant supply and reduced ethylene prices exerting downward pressure. Nevertheless, plant shutdowns in Japan and China towards the quarter's end led to temporary supply tightening. India experienced the highest price volatility, affected by seasonal buying patterns and shifts in real estate sector confidence, while overall stability was maintained by sufficient inventory levels and modest PVC demand.

Regional Price Analysis:

  • Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
  • Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
  • North America: United States and Canada
  • Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
  • Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco

Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

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