Polyvinyl Chloride Asia

摘要

Asian polyvinyl chloride prices were flat to lower this week amid poor demand. The CFR India market dropped $38/ mt week on week to be assessed at $1,070/mt Wednesday. In bid to reduce inventory levels, a major Northeast Asia producer was heard to have concluded approximately 10,000 mt late last week at $1,060/mt and below. This week, small parcels were heard concluded at around $1,070-1,080/mt, inclusive of about $30/mt in antidumping duties. Most market participants were waiting for October offers from Formosa, extending poor market sentiment this week. European-origin cargoes were heard offered at $1,090/mt, including anti-dumping duties around $30/mt.