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Indian trader receives May PVC prices from South Korea

by ChemOrbis Editorial Team -
  • 15/04/2015 (11:19)
A trader based in India reported that they received new May PVC prices from a South Korean producer at $970/ton CIF, cash, the same level announced by a major Taiwanese producer earlier this week. When compared to the latest level which the trader received from the South Korean supplier for April, the new level indicates an increase of $25/ton.

The trader commented, “Buyers are showing some resistance to higher import prices. However, we are still expecting local producers to issue increases by mid-May. Supplies, meanwhile, are sufficient thanks to the arrival of import cargoes to Indian ports.”

In India, overall import PVC k67 prices currently stand at $958-970/ton on a CIF, cash equivalent basis.
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