Poly Vinyl Chloride price demonstrated a plunging trajectory in the third Quarter of 2022. The weak demand from the downstream construction and packaging segment was considered a factor for the downward price movement of the commodity in this Quarter. The sluggish downstream construction demand for the product amid diminished house-building activities in the region impacted the prices of the commodity. Moreover, the PVC prices dropped amidst surplus availability of inventories and high upstream energy costs with the upcoming winter season in the Quarter ending 2022. In addition, the tensions on the west coast port have also contributed to the declining trend of PVC in the North American region.
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