CPVC Prices, Pricing, Demand & Supply
North America The Chlorinated PVC market in North America exhibited overall favorable conditions, with prices initially experiencing a decline in October but subsequently increasing in November and December of the fourth quarter of 2024. The initial decrease of 2.5% in October was attributed to reduced demand from the plumbing industry within the construction sector, influenced by a decline in house sales due to elevated mortgage rates. However, a positive rebound occurred in the remaining period of the fourth quarter. This resurgence was driven by a thriving construction sector in the United States, marked by increased hotel construction, rising prices of feedstocks VCM and EDC, and heightened demand from the importing Mexican market. The construction sector in Mexico displayed robust performance, supported by the Mexican government's elevated investment in construction and a sustained increase in employment during the entire fourth quarter of 2023, driven by growing nearsh...