Thai producer rolls over Nov PVC offers to Malaysia
Oct. 22, 2018
A Malaysian agent of a Thai producer reported that he received November PVC offers from the producer with rollovers when compared to October. The producer elected not to follow a major Taiwanese producer’s softer pricing policy for November.
According to the agent, the Thai producer ‘s new PVC offers stand at $860-870/ton CIF Malaysia, cash basis.
The agent noted, “We are surprised by the producer’s rollover decision as a major Taiwanese producer approached Asian PVC market with decreases for November.”
The major Taiwanese producer approached China and India with respective decreases of $30/ton and $60/ton for November earlier in the week.