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Acetylene based PVC producer increases export offers from China

by ChemOrbis Editorial Team -
  • 25/07/2017 (10:38)
A source from a Chinese acetylene based PVC producer reported that they lifted their export k67 offers on the back of firmer local prices, which have been posting increases for five consecutive weeks due to several factors including low supplies, coal shortage, environmental inspections, the recent plant shutdowns as well as firmer futures.

When compared to last week, the producer raised its PVC k67 offers by $15/ton to $865/ton FOB China, cash basis. Their export offers are also $40/ton higher from their levels in early July.

A source from the producer noted, “The number of done deals in the export market is rare and demand is weak.”

The producer’s offers to Southeast Asia are currently standing at $875-885/ton CIF SEA, cash basis.
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