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Japanese PVC producer sells out Feb quota to Asia

by ChemOrbis Editorial Team - content@chemorbis.com
  • 28/01/2016 (17:47)
A source from a Japanese producer reported that they have sold out their February PVC allocation to China, India and Southeast Asia. The producer concluded their February deals at $720/ton on a CFR China/CIF SEA, cash basis and at $750-760/ton CIF India, cash.

The source commented, “We saw quite good demand from Asia for our February quotas. We are planning to shut our plant for maintenance in the May-June period. Therefore, we may consider cutting our March and April allocations by 50%.” The source added, “We believe that the PVC market will track a firm trend in March.”
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