PVC raw material is what is used to make PVC products such as shoes, gaskets, bottles, medical tubes and so much more. PVC raw materials usually come in pellet form and can be bought from PVC raw material suppliers. The PVC raw material price plays an important role in what the overall cost of the end product will be.
Just like any other type of product or material, the cost of PVC raw materials can fluctuate from time to time. While it has historically been a stable product in terms of pricing and availability, it is helpful to know factors influence the price of PVC specifically considering a post-pandemic global environment.
Oil Price Increases
Because of various eco-political factors, the cost of oil (and therefore fuel) seems to be continuously rising, especially lately. And this rise in fuel costs makes it more expensive to transport products, thus essentially pushing up the price of everything including PVC raw materials.
Supply Chain Challenges
If suppliers of a certain material experience shortages in the market or other issues, it could cause the PVC raw material manufacturers to have to use other, potentially more expensive, suppliers. In recent times there have been other challenges such as not enough vessels to satisfy the import/export demands globally. The shortage of ships on the waters and also other Covid-19 protocols makes shipping costs very unpredictable.
Quality
Different PVC raw materials suppliers will offer different prices for their PVC compounds, and this difference in price may be due to a difference in quality. While it is not always the case, you can generally expect that if you are paying a higher price, you will enjoy a higher quality product.
Demand
Demand is something that affects the price of all different types of products and services. If the demand increases for raw materials, it could in turn push up the price for the PVC pellets/granules as manufactures have to pass on the increases down the line and eventually the consumer if effected with a higher retail price.
The Type of PVC Raw Material
There are several different types of PVC raw materials, including flexible injection compound, rigid extrusion compound, and many more. Compounds can also come with a range of different additives and come in different colours.
Are you interested in purchasing PVC raw materials from IPC and learning more about our PVC material prices? Please get in touch with our team and they can answer any questions that you may have regarding PVC raw materials.
