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LATEST NEWS: Taiwanese major raises Feb PVC offers to Asia; pace of hikes slows

by ChemOrbis Editorial Team - content@chemorbis.com
  • 12/01/2021 (10:33)
According to traders, a major Taiwanese producer increased its February offers to Asian markets by $30/ton from January. This was the ninth consecutive monthly hike from the producer while the amount of the hike was smaller when compared to the previous months.

The major producer had hiked its offers to India by $130/ton for October, $100/ton for November, $100/ton for December, and $70/ton for January.

The producer’s new PVC K67-68 offers for February stand at $1320/ton CIF India and $1190/ton CFR China. Traders added that the Taiwanese major was not giving a volume discount.

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