PVC prices in Asia continue to hover around US$600/MT CFR China, as inventory levels with producers has started depleting due to reduced production. Though buying intentions for PVC have not been buoyed, a hike in domestic PVC prices in China and dwindling stockpiles with producers has managed to continue on a firm note. Disparities between offers quoted by sellers and buyers interest have resulted in conclusion of very few deals- as buyers prefer to wait in the sidelines, for a price correction. This could be because of relatively cheap EDC available in Asia at the hundred dollar mark, which could result in price deterioration of VCM, which is a feedstock for PVC.
05-Dec-08 
{{comment.DateTimeStampDisplay}}
{{comment.Comments}}