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A tug-of-war unfolds in Türkiye as PVC demand struggles against rising costs

The import PVC market has seen some price hike attempts in February as rising costs have squeezed sellers’ margins and prompted firmer selling intentions from traders. However, demand remained subdued, and buyer resistance has put pressure on offers at the upper end of the market. In recent days, attention has shifted to new price announcements from Europe to Türkiye, following a notable increase in ethylene contract prices. Meanwhile, local distributors appear open to minor discounts to stimulate deals...

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