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Domestic PVC prices move lower to India

by ChemOrbis Editorial Team - content@chemorbis.com
  • 30/10/2014 (04:08)
Players in India report that a domestic producer reduced their PVC prices by INR3000/ton ($49/ton) following the Diwali holidays. The producer’s prices currently stand at INR67000/ton ($1098/ton) ex-warehouse India, cash.

Players had been expecting that the producer would reduce their domestic prices given declining international trends and softer upstream costs. "The producer had been offering price protection to their customers earlier in the week, but they have since lowered their prices and withdrawn their price protection," a distributor commented.
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