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Taiwanese producer steps back on Nov PVC prices to China, SEA

by ChemOrbis Editorial Team - content@chemorbis.com
  • 24/10/2014 (10:53)
Players in Asia report that a major Taiwanese producer has reduced their November PVC prices to China and Southeast Asia by an additional $20/ton, bringing their new prices to $970/ton CIF SEA, cash and to $980/ton CFR China, cash. The producer’s cumulative price decreases for November currently stand at $30-40/ton.

A Vietnamese converter reported receiving an offer for Taiwanese PVC at $970/ton CIF, cash. “We are in no rush to make additional purchases for now and we plan to wait for another week before making our next move,” the buyer stated.

Import PVC prices currently stand at $970-1030/ton CIF SEA, cash equivalent basis while offers to China stand at $980-1000/ton CFR, cash for Asian origins and at $950/ton CFR for US origins.
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