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Taiwanese major announces March PVC prices to China, SEA

by ChemOrbis Editorial Team - content@chemorbis.com
  • 10/02/2015 (09:30)
An agent of a major Taiwanese producer reported that the producer announced their March PVC prices to China and Southeast Asia with an increase of $30/ton from February at $850/ton CIF Southeast Asia/CFR China, cash basis.

The producer’s announcement level was in line with their initial sell ideas. Previously, the producer had implemented a $40/ton increase on their March prices to India at $900/ton CIF India, adding that they planned to attempt similar hikes to other Asian markets if Indian buyers accepted the new prices. A converter in India reported purchasing at the producer’s initial offer level while adding that they have heard that their supplier has already sold out for March.
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