Indian producer lowers local PVC prices
by ChemOrbis Editorial Team - content@chemorbis.com
A source from an Indian producer reported that they implemented decreases of INR3500/ton ($52/ton) on their local PVC prices effective as of November 19. The producer’s new offers stand at INR62,000/ton ($940/ton) on an ex-warehouse India, cash basis.
The source stated, “Demand from the northern and western parts of the country is not as bad as before. However, it remains quite weak in the South and the East due to seasonal factors. We are running our plant at full capacities at the moment and waiting to see responses from our customers to our new offers.”
The source stated, “Demand from the northern and western parts of the country is not as bad as before. However, it remains quite weak in the South and the East due to seasonal factors. We are running our plant at full capacities at the moment and waiting to see responses from our customers to our new offers.”
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