Asian PVC offers emerge in Turkey
by ChemOrbis Editorial Team - content@chemorbis.com
Players in Turkey report that Asian PVC prices showed up after a long period of absence this week. Prices for k67-68 from the region are now reported in the range of $870-900/ton CIF Turkey, subject to 6.5% customs duty, cash.
Players in Asian markets reported that demand is showing some signs of slowing down in the region especially in India, which led sellers to offer material to Turkey, according to a trader offering on the high end of the range.
In India, demand has been cooling down recently as many Indian companies end their financial year in March and are currently engaged in year-end bookkeeping. In addition, some buyers claim that India is set to receive a significant number of import shipments soon, which may ease supply concerns in the country.
In China, meanwhile, a trader offering on behalf of a Taiwanese producer said that their supplier sold less than they had expected for April in spite of the fact that US producers were said to be absent from the market for April.
Players in Asian markets reported that demand is showing some signs of slowing down in the region especially in India, which led sellers to offer material to Turkey, according to a trader offering on the high end of the range.
In India, demand has been cooling down recently as many Indian companies end their financial year in March and are currently engaged in year-end bookkeeping. In addition, some buyers claim that India is set to receive a significant number of import shipments soon, which may ease supply concerns in the country.
In China, meanwhile, a trader offering on behalf of a Taiwanese producer said that their supplier sold less than they had expected for April in spite of the fact that US producers were said to be absent from the market for April.
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