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Premium for ethylene based PVC falls below $50/ton in China

by ChemOrbis Editorial Team -
  • 03/12/2014 (17:54)
According to data from ChemOrbis Price Index, the premium carried by ethylene based PVC over acetylene based PVC has dropped below the $50/ton threshold for the first time since December 2012 in China’s local market. For most of 2014, ethylene based had been carrying a premium in the range of around $100-160/ton, with the higher numbers within this range representing record high premiums for ethylene based PVC.

“Two major acetylene based PVC producers are currently are facing some supply problems stemming from recent turnarounds and this is keeping acetylene based PVC prices firm. Meanwhile, ethylene based PVC prices are moving lower and the premium carried by ethylene based PVC is shrinking,” a distributor based in Hangzhou commented.

Domestic PVC prices currently stand at CNY6330-6450/ton ($883-899/ton without VAT) for ethylene based PVC and at CNY6100-6200/ton ($851-865/ton without VAT) for acetylene based PVC, all on an FD China, cash inc VAT basis.
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