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American PVC for February sold higher to China

by ChemOrbis Editorial Team - content@chemorbis.com
  • 23/01/2015 (14:25)
A trader reported that they have concluded some February shipment deals for American PVC at $820/ton CFR China, cash, $20-30/ton above their January prices.

The trader commented, “We managed to conclude deals at our initial February level and we are not planning to adjust our prices as we have a relatively small allocation for February. We believe that PVC prices will remain stable at their current levels as spot ethylene prices remain firm while a major Taiwanese producer has reportedly sold out most of their February quota to India.”

At the start of the week, a major Taiwanese producer revealed their February PVC prices to China with an increase of $60/ton from January at $820/ton CFR, cash.
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