European and Turkish PVC prices spike on supply chain disruptions, higher production costs

European and Turkish polyvinyl chloride prices have increased sharply as the Middle East conflict drives up production costs and causes shipping disruptions, with Platts price assessments gaining at least $60/mt in the week to March 4. The outbreak of war in the oil- and gas-rich region caused a surge in energy prices in Europe. As a consequence, and due to the energy-intensive nature of PVCEuropean and Turkish polyvinyl chloride prices have increased sharply as the Middle East conflict drives up production costs and causes shipping disruptions, with Platts price assessments gaining at least $60/mt in the week to March 4. The outbreak of war in the oil- and gas-rich region caused a surge in energy prices in Europe. As a consequence, and due to the energy-intensive nature of PVCRead More