LATEST NEWS: Taiwanese major cuts Feb PVC offers to Asia for 3rd month
by ChemOrbis Editorial Team - content@chemorbis.com
According to traders, a major Taiwanese producer announced its February PVC prices to Asian markets with three-digit decreases from January.
Having been the third monthly cut from the producer, the latest pricing was in line with market players’ initial expectations amid bearish sentiment across Asia PVC markets.
The producer cut its offers by $100/ton to India, and China, and by $70/ton to other Asian markets. Their new PVC K67-68 offers are standing at $1490/ton CIF India and $1260/ton CFR China, with no volume discount.
Having been the third monthly cut from the producer, the latest pricing was in line with market players’ initial expectations amid bearish sentiment across Asia PVC markets.
The producer cut its offers by $100/ton to India, and China, and by $70/ton to other Asian markets. Their new PVC K67-68 offers are standing at $1490/ton CIF India and $1260/ton CFR China, with no volume discount.
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