The record Chinese S-PVC pipe price on 15 October was caused by China’s dual control policy to limit emissions. PVC producers announced price surcharges too, with one producer implementing a surcharge of €110/t.
#Record argus from november 11 2015 series
In October, the sharp rise in utility costs (natural gas and electricity prices) in Europe led to a series of surcharge announcements across the European chemical industry, as discussed in this article by Alex Sands. Chlor-alkali and PVC production relies on these energy sources to power assets and so they are an important component of the variable production costs. Generally, chlor-vinyls production is energy intensive. The changes in crude, natural gas and coal prices cascade down the vinyls value chain and result in shifts in feedstock prices and ultimately PVC. In China, coal is vital for the PVC industry because of the prominence of the carbide-based PVC production route via acetylene.
#Record argus from november 11 2015 cracker
Naphtha derived from crude oil and ethane derived from natural gas are cracker feeds in the production of ethylene, one of the key building blocks for PVC. Crude oil, natural gas and coal all have an influence in shaping the PVC price direction. In this blog post, these factors will be reviewed and presented in relation to the current market dynamics and global price environment.įirstly, upstream energy values need to be considered because fundamentally energy drives all petrochemical prices, including PVC. Beyond this, other factors along the value chain also impact PVC prices. Various factors drive PVC prices, principally supply-demand fundamentals and production costs, although things are complicated by the inherent connection to chlor-alkali. On 15 October, the China suspension-PVC (S-PVC) pipe ex-works price reached a record 14,900 yuan/t, although in the second half of October and first week of November, prices have retreated. Polyvinyl chloride (PVC) prices around the world are at or near record highs. Sunday: Mostly sunny, with a high near 35.Author James Elliott, Business Development Manager Saturday Night: Partly cloudy, with a low around 23. Saturday: Partly sunny, with a high near 34. Thursday Night: Mostly clear, with a low around 13.įriday Night: Partly cloudy, with a low around 24. Wednesday Night: Clear, with a low around 14. Wednesday: Partly sunny, then gradually becoming sunny, with a high near 29. Blustery, with a northwest wind 15 to 20 mph, with gusts as high as 30 mph. Tuesday Night: A chance of snow before midnight. New snow accumulation of around an inch possible. Tuesday: Snow likely, mainly before 3 p.m. Radar: See current conditions and forecast for any city at Road conditions: Call 511 or check these websites: South Dakota | Iowa | Nebraska | Minnesota Sioux Falls-area forecast from NWS Lincoln, Murray, Nobles, Pipestone, Rock in Minnesota. These counties are in a Winter Storm Warning until midnight Tuesday night: Brookings, Lake, Moody, McCook, Minnehaha, Turner, Lincoln and Clay in South Dakota. Winter Weather Advisory: The Winter Storm Warning was canceled. Within the city of Sioux Falls, emergency routes are the priority for Monday, and plowing of residential roads will begin Tuesday, though the exact timing will depend on the progress of the storm, Galynn Huber, the street supervisor, said.Īrgus 911: Follow below, and get more crime and safety news at and on Facebook. Snow-covered roads and low visibility will create hazardous travel conditions including visibility of less than a half-mile, the NWS warned. there were 85 crashes and it dropped off from there, with 21 more by 9 p.m. and continued at a steady pace for several hours. Sioux Falls schools are starting on time.ĭelivery of the Tuesday edition of the Argus Leader will delayed due to the storm.ĭriving hazard: Collisions increased rapidly just after 11 a.m. Most area schools are having a late start. Plows will move to residential roads starting after 1 a.m. Plowing of emergency snow routes began Monday morning and will continue until all routes are cleared. The City of Sioux Falls issued a snow alert Monday afternoon. Plowing: The City of Sioux Falls was under a snow alert, with side roads expected to be plowed starting at 1 a.m.
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