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Indian producer lifts local PVC prices

by ChemOrbis Editorial Team -
  • 01/09/2017 (15:13)
According to traders in India, a domestic producer raised its local PVC prices in line with players’ earlier expectations. Although demand reportedly remains weak in the country, this increase was expected due to reducing supplies amidst the approaching PVC and VCM shutdowns in India. Strong ethylene prices also exert upward pressure on the market.

Traders reported that the producer implemented an increase of INR1000/ton ($16/ton) on its local PVC prices effective as of September 1. The producer’s new offers stand at INR71,500/ton ($1118/ton) on an ex-warehouse India, cash basis.
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