PVC pipe mills have just announced that due to the rising cost of PVC resin, which you can read more about below, an increase of about 5% will be applied to the following products:
- PVC Schedule 40
- PVC Foam Core
- PVC Schedule 80
List price sheets are available here on our website. Our new list price sheet will be dated 8/10/20 and will go into effect first thing Monday morning. Please call your Merfish United representative to place orders at current price levels now: 1-800-777-7473
What’s Happening With PVC Resin:
According to Plastics Today, we’re in for a volatile period of PVC manufacturing this August.
During July, after Covid-related shut downs, U.S. manufacturers resumed operations and needed PVC resin to process. Available U.S. resin supply has also been exported, creating competition between domestic and foreign mills for raw materials. Even with a price increase on exported resin, foreign demand remains high and export material was sold-out. Because of this, producers were able to establish a price increase on resin…
This previously mentioned July increase was the second increase in a two-month period, making this current August increase the third consecutive resin increase in a three month span.
With a strong finish to July in the spot resin market, and the massive exports of resin placing the supply/demand balance in a tight situation, we’re now in the middle of another price increase. With manufacturing continuing to increase, and with other potential disruptions due to Covid-19 and Hurricane season affecting important PVC ports and manufacturing facilities, the overall market will remain tight.
Sharpen Your Competitive Edge With Merfish United:
With all of this in mind, let us help you:
- Become more competitive and manage your risk on volatile commodity products while turning inventory more quickly.
- Break bundles and take advantage of low weight minimums while mixing and matching pipe products.
- Buy what you need, when you need it.
- Take advantage of routine ‘milk run’ delivery routes for service once or twice per week