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Taiwanese major reveals Aug PVC prices to Asia

by ChemOrbis Editorial Team - content@chemorbis.com
  • 12/07/2016 (10:03)
According to market sources, a Taiwanese major revealed its PVC prices for August with increases. The producer offered $40/ton higher to China and Southeast Asia at $810/ton and $40/ton higher to India at $870/ton, all on CIF basis.

This increase was widely expected given the upcoming maintenance shutdown the producer will conduct in August both for PVC and VCM. An agent of the producer also argued, “PVC supplies will remain limited after the end of shutdown at the Taiwanese producer. This is because the producer’s ethylene supplier is planning to shut its cracker in September.”

These increases for August followed the decreases announced by the producer for two consecutive months.
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