LATEST NEWS: Taiwanese major announces Dec PVC prices to Asia
by ChemOrbis Editorial Team - content@chemorbis.com
A major Taiwanese producer has announced its December PVC offers to Asian markets, adopting mixed pricing strategies across key regions.
The producer cut its CIF China PVC K67 offer by $20/ton from November to $760/ton, while lowering the FOB Taiwan level by $10/ton to $720/ton. Their December K67 offer to Vietnam stood at $735-745/ton CIF, according to players.
Contrary to other regions, the producer raised its December price by $10/ton to $810/ton CIF India, attributed to higher freight costs. The price hike to India also aligns with ongoing developments regarding India’s potential imposition of an anti-dumping duty (ADD) of $74/ton on the Taiwanese major’s PVC material.
In the meantime, the producer has opted not to offer any volume discounts for December shipments.
The producer cut its CIF China PVC K67 offer by $20/ton from November to $760/ton, while lowering the FOB Taiwan level by $10/ton to $720/ton. Their December K67 offer to Vietnam stood at $735-745/ton CIF, according to players.
Contrary to other regions, the producer raised its December price by $10/ton to $810/ton CIF India, attributed to higher freight costs. The price hike to India also aligns with ongoing developments regarding India’s potential imposition of an anti-dumping duty (ADD) of $74/ton on the Taiwanese major’s PVC material.
In the meantime, the producer has opted not to offer any volume discounts for December shipments.
| Delivery term | December | November | Change | Dec 2023 |
| FOB Taiwan | 720 | 730 | -10 | 730 |
| CIF India | 810 | 800 | +10 | 800 |
| CIF China | 760 | 780 | -20 | 775 |
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