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Another Taiwanese producer cuts PVC offers to China, SE Asia; revises up to India

by ChemOrbis Editorial Team -
  • 21/11/2017 (14:48)
Following the awaited price announcement of a Taiwanese major, a second Taiwanese PVC producer lowered its offers by $25/ton to China and Southeast Asia to $845-850/ton CIF China/SEA, cash basis.

However, the producer has adjusted its offers to the Indian market up by $15/ton this week after cutting them by $35/ton when compared to its levels before the Taiwanese major’s December announcement. The producer’s offers are currently standing at $895/ton CIF India, almost matching the Taiwanese major’s levels at $890/ton with the same terms.

“We have revised our offers up to India in order to test the market and we concluded some deals at that level,” the source noted.
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