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Taiwanese major sells out August PVC quota to China, SEA

by ChemOrbis Editorial Team -
  • 24/07/2015 (16:40)
A source from a major Taiwanese producer reported that they have sold out their August PVC quota to China and Southeast Asia at their initial offer levels of $860/ton to China and $850/ton to SEA, both on a CIF, cash basis. The producer had rolled over their August prices to both regions.

The source stated, “We allocated 65,000 tons of PVC for August and we have already sold 62,000 tons. We sold out to China and SEA but have not yet concluded our sales to India. We are optimistic that we will be able to conclude our sales to India soon as the rainy season will end in September and buyers will therefore need to secure some cargoes for August. Plus, offers for South Korean and Japanese origins are likely to be high due to supply limitations in these countries.”
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