South Korean producer reveals Nov PVC offers to India
Oct. 18, 2018
An Indian trader reported that a South Korean producer announced its November PVC prices to India with decreases when compared to October; applying a similar pricing policy with a major Taiwanese producer.
The producer cut its new offers for PVC k67-68 by $40/ton from last month to $900/ton CIF India, cash basis. “We are currently waiting for the market response to our new levels,” a trader noted.
The major Taiwanese producer approached China and India with respective decreases of $30/ton and $60/ton for November earlier in the week.