Indian producers lift local PVC prices
by ChemOrbis Editorial Team - content@chemorbis.com
Players in India reported that two domestic producers applied the same amount of increases on their local PVC prices to be effective as of December 20-21.
A few traders reported that a major producer lifted its PVC offers by INR1500/ton ($21/ton) from early December, when a price reduction was made given the appreciation of the rupee against the US dollar.
A source from a second producer also informed that they also raised their offers by INR1500/ton ($21/ton) to be currently reported at INR76000/ton ($1070/ton) on an ex-warehouse India, cash basis.
A few traders reported that a major producer lifted its PVC offers by INR1500/ton ($21/ton) from early December, when a price reduction was made given the appreciation of the rupee against the US dollar.
A source from a second producer also informed that they also raised their offers by INR1500/ton ($21/ton) to be currently reported at INR76000/ton ($1070/ton) on an ex-warehouse India, cash basis.
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