Taiwanese major announces Jan PVC prices to Asia
by ChemOrbis Editorial Team - content@chemorbis.com
According to traders, a major Taiwanese producer announced their January PVC prices to Asian markets with decreases from their December levels. The producer cut their prices by $50/ton to India, China and Southeast Asia.
Players reported that the producer’s new offers currently stand at $960/ton CIF India, cash and at $920/ton CFR China/CIF SEA, cash.
Market players in Asia stated that they were surprised by the amount of price decreases issued by the producer on their January PVC offers as initial expectations were calling for rollovers or smaller decreases.
Players reported that the producer’s new offers currently stand at $960/ton CIF India, cash and at $920/ton CFR China/CIF SEA, cash.
Market players in Asia stated that they were surprised by the amount of price decreases issued by the producer on their January PVC offers as initial expectations were calling for rollovers or smaller decreases.
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