Despite low buying interest in Asia, PVC prices markets continue at a firm note

05-Dec-08
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.
  More News  Post Your Comment
{{comment.Name}} made a post.
{{comment.DateTimeStampDisplay}}

{{comment.Comments}}

COMMENTS

0

There are no comments to display. Be the first one to comment!

*

Name Required.

*

Email Id Required.

Email Id Not Valid.

*

Mobile Required.

Email ID and Mobile Number are kept private and will not be shown publicly.
*

Message Required.

Click to Change image  Refresh Captcha