Vinyl Chloride Monomer Price in India

• India: 655 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 report by IMARC Group, titled "Vinyl Chloride Monomer Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of Vinyl Chloride Monomer Prices. This report delves globally, presenting a detailed analysis, along with informative Price Chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.

Vinyl Chloride Monomer Prices December 2023:

• India: 655 USD/MT

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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 Price Trend- Q4 2023

Vinyl chloride monomer (VCM) is a colorless, highly volatile, and flammable gas with a mild, sweet odor, primarily used in the production of polyvinyl chloride (PVC), a versatile plastic found in a wide array of products. PVC's applications range from construction materials like pipes and window frames to everyday items such as packaging and medical devices. Additionally, VCM is produced through the chemical reaction of ethylene and chlorine, which forms ethylene dichloride (EDC). This intermediate compound is then subjected to a high-temperature cracking process to yield VCM. Consequently, the production and handling of VCM are strictly regulated globally to protect worker safety and minimize environmental impact, emphasizing closed-loop systems in production to prevent emissions and reduce exposure.

Vinyl Chloride Monomer Industry Analysis

North America's vinyl chloride monomer (VCM) market saw prices surge due to supply constraints and increased input costs, exacerbated by natural disasters that disrupted production and tightened supply chains in June 2024. In the U.S., significant price swings were influenced by strong domestic PVC demand and increased exports to Africa and Asia. Moreover, the Asia Pacific region maintained stable VCM prices despite a supply surplus and falling ethylene prices.

Along with this, the sudden plant shutdowns in Japan and China briefly impacted supply which didn't overturn the general market stability, while India saw variable prices due to fluctuating demand in the real estate sector, with prices eventually stabilizing. Besides this, Europe's VCM market experienced a slight price decline amid weakened demand and competitive pressures. Also, economic uncertainties and logistical challenges further influenced the market, particularly in Germany where prices fell due to high production costs and reduced PVC demand.

Furthermore, in the Middle East and Africa region, VCM prices remained stable despite a brief downtrend in May. Oversupply and competitive pressures from Asian markets were key factors, with a force majeure event in Qatar momentarily affecting supply and prices across the region.

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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