THE Indian PVC market has been firming up since early February with players holding bullish expectations for the near term. Following the emergence of April offers from a Taiwanese major with $50/ton increases last week, players expect a new round of hikes for May shipments. However, many concur that such a large increase may see resistance from buyers as demand is expected to cool off after the second half of May. A trader reported healthy demand, saying that the only problem is supply limitations from regular Asian suppliers.
展开▼
