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Trader: US PVC prices announced lower to China for Jan

by ChemOrbis Editorial Team -
  • 18/12/2014 (15:30)
According to a trader, American PVC prices for January have been announced with significant reductions of $90-95/ton from their most recent December prices, bringing new offers for this origin to $790-800/ton CFR China, cash. American PVC prices currently stand close to par with new prices for Asian origins, which currently stand at $790-830/ton with the same terms.

“American suppliers are feeling comparatively free from sales pressure and are less competitive in terms of price when compared with the previous months, which may result in a lower market share for US PVC this month. We are not expecting to see any major change in the market outlook over the near term,” the trader stated.
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