PVC prices slide further.PVC PVC: see polyvinyl chloride. PVC in full polyvinyl chloride Synthetic resin, an organic polymer made by treating vinyl chloride monomers with a peroxide. prices fell 1-2[cts.]/lb between the middle of June and the middle of July. Spot prices for pipe grade were reported as low as 26-28[cts.]/lb. Processors say they're being offered good-looking "offspec" for 2[cts.] under market prices. "It's only offspec on the invoice An itemized statement or written account of goods sent to a purchaser or consignee by a vendor that indicates the quantity and price of each piece of merchandise shipped. A consular invoice is one used in foreign trade. ," one processor notes. Contributing factors: Feedstock feed·stock n. Raw material required for an industrial process. Noun 1. feedstock - the raw material that is required for some industrial process raw material, staple - material suitable for manufacture or use or finishing prices have come down more than a penny over the same period, so resin resin, any of a class of amorphous solids or semisolids. Resins are found in nature and are chiefly of vegetable origin. They are typically light yellow to dark brown in color; tasteless; odorless or faintly aromatic; translucent or transparent; brittle, fracturing producers' margins actually improved over last month's margins. Natural gas prices in mid-July were in the range of $3.25-$3.50 a decatherm, where they had averaged over $7/decatherm for the first quarter. Still, resin producers say they haven't recovered from soaring energy prices early in the year. PVC compound prices are reportedly stable. Overall PVC demand is still sluggish except for windows, which continue to do well. Some pipe producers also say that they see modest increases in demand in July, though they still have a lot of inventory to work off. Resin producer operating rates Operating rate The percentage of total production capacity of a company, industry, or country that is being used. operating rate The portion of capacity at which a business operates. are said to be in the 70-80% range. |
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