“Demand was rather poor in September and October due to the slowing construction sector, cash constraints and political uncertainty. Therefore, the number of deals concluded for US PVC was very limited, which has resulted in a low volume of imports in November,” said a trader.
Although statistics reveal that the US saw the largest decrease of imports, there was a yearly decrease for almost all origins of PVC imports for the January-November period. Turkey’s second largest PVC supplier, France, faced a yearly decrease of 15% in cumulative imports while imports from Mexico, the third largest supplying country to Turkey, shrank by 17%.