Indian producer adjusts local PVC prices after four months
by ChemOrbis Editorial Team - content@chemorbis.com
According to a trader, an Indian producer implemented an increase on their PVC prices to the local market for the first time since November 2016.
The producer, which restarted its 350,000 tons/year PVC plant at Hazira recently, was absent from the market given a shutdown in January.
To be effective as of February 16, 2017; the producer raised its local PVC prices by INR1500/ton ($22/ton), bringing their new offers to INR76,500/ton ($1139/ton) on an ex-warehouse India, cash basis.
The producer, which restarted its 350,000 tons/year PVC plant at Hazira recently, was absent from the market given a shutdown in January.
To be effective as of February 16, 2017; the producer raised its local PVC prices by INR1500/ton ($22/ton), bringing their new offers to INR76,500/ton ($1139/ton) on an ex-warehouse India, cash basis.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- China, SE Asia PE outlook for 2025: Oversupply dilemma deepens with new capacity surge
- Freight rates outlook for 2025: Another rocky year ahead after 2024 turmoil
- Türkiye PP, PE outlook for 2025: Q1 set for a firm footing, eyes on derivatives for a whole year
- Europe PVC outlook for 2025: Supply imbalance threatens price recovery targets
- India PP, PE outlook for 2025: Players eye brighter Q1 despite current bearishness
- Different pricing policies emerge in Europe’s PS, ABS markets in Dec
- Bearishness persists across China, SEA import PE markets as year-end nears
- PLAST EURASIA 2024: Shrinking margins emerge as a key topic among polymer players
- Lower parity, rising freight rates repel European polymer buyers from imports
- Asia’s PVC markets in further disarray as India puts off ADD hearing
