Polyvinyl Chloride Europe

摘要

Polyvinyl chloride contract negotiations were tense, midwaythrough the month, with buyers and sellers still far apart onprice, according to sources. “[There’s] a lot of pressure on price.I am not sure where it will end up yet,” a source said onThursday, adding: “The positions are still very different.” Thisweek, the contract price decrease range was heard narrowingwith producers offering a maximum decrease of Eur30/mt($43/mt) from Eur20mt last week. Converters were said to bebidding at minus Eur40-50 —to reflect the full C2 movementfor July. The July ethylene contract price fell Eur95/mt toEur1,090/mt, equating to a Eur47.50/mt decrease in PVCproduction costs.