Potent Trends In PVC Markets create Challenging Outlook

摘要

1. China impacts not only Vinyl product import market, but PVC Resin Global trade + capacity growth. 2. PVC resin plants - need to be integrated or operate Carbide process plant in a country that will tolerate this highly polluting process 3. VCM will be key pinch point for 2005 - 2008 period 4. Uncompetitive feedstock costs have + will continue to constrain growth of N.American PVC capacity 5. Katrina + Rita - will deal double short term spikes to PVC feedstock driven prices and markets 6. PVC prices will remain high, but how will it effect Global demand? 7. With current prices, customers are reluctant and uncomfortable.