05 Mar 2021
In the meantime, sellers reported slower export sales this week, signaling a possibility that overseas buyers might have replenished the much-needed quantity and started to resist the higher price levels.
04 Mar 2021
It is important to note that supply is not as tight as in other regions given the widely available Chinese cargoes at the price range of $1430-1470/ton CIF Vietnam.
Regardless of the swinging export carbide-based PVC offers from China sellers, regional players are waiting for new prices announcement from a major Taiwanese maker.
Transactions are satisfactory on the Shenhua auction platform this morning, signaling the growing confidence among domestic buyers.
A number of lower costs cargoes are arriving at the market, which is being transacted between traders to re-export to the international market.
It is widely expected that international sellers would continue to introduce new hike in the coming week to reflect the strong demand condition in the Western markets.
03 Mar 2021 SPVC k67-68
A major local producer in Indonesia reportedly lifted spot PVC offers for March delivery citing the strong upstream costs and overall supply tightness across the region.
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