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India finally announces ADD on S-PVC imports: What’s in store for subject countries?

The long-awaited announcement of India’s anti-dumping duty (ADD) on suspension-grade polyvinyl chloride (S-PVC) imports has finally been made public. As the world’s largest PVC buyer, India's decision holds significant implications for global PVC markets, especially for the exporting countries involved. The new provisional duties aim to shield India’s domestic industry from a flood of low-priced imports that have been impacting local producers...

Turkish PE players hunt for signs of a market bottom amid pending Nov offers

With its healthy premium over Asia now gone, Türkiye's import PE market saw players searching for signs of a market bottom over the week. The market has been in flux amid the recent gains in shipping costs, poor netbacks that may repel global sellers, the potential year-end lull prior to the book closures and the foggy demand outlook. While Middle Eastern offers were yet to take shape, most projections called for minor price changes...

Freight rates rise after prolonged slump; is this rebound here to say or just a dead cat bounce?

Proving speculations right about higher freight rates out of Asia that first kicked off early last week, global benchmarks have risen this week following continuous decreases since mid-July. Currently, the question is whether this increase will be sustained. Although some anticipate ex-China rates will climb higher due to increased buying activity around the year-end, higher blank sailings and November 1 rate hikes from shipping firms, others believe that the downward trend will persist...

India’s PVC price range narrows as low-end Chinese offers fade amid ADD speculation

India’s PVC players are keeping an eye on the anticipated anti-dumping duty (ADD) investigation outcome, while import prices have stayed on a stable-to-rising trend over the past month as low-end Chinese offers have largely disappeared. Players mostly see a rangebound market after the Diwali holidays unless any prohibitive anti-dumping duties spell a surge in import costs...

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