A global trading house revealed to SSESSMENTS.COM the price indication on upcoming official announcement for leading Taiwanese PVC producer’s May shipment offers. According to the source, the leading Taiwanese PVC producer plans to officially announce May shipment offers on Monday (April 20) with a price decrease of $200/ton compared to the last offer to China and Southeast Asia. The trader also stated that the leading Taiwanese PVC producer will skip offering to India market.
The source also informed SSESSMENTS.COM that China is currently working towards reimposing anti-dumping duties (ADD) on US PVC cargoes. At the time of publication, there is no official announcement made by the Chinese government yet on the new ADD for US PVC cargoes. Previously, on October 30, 2019, China announced the removal of ADD on Polyvinyl Chloride (PVC) from four countries: the U.S, South Korea, Japan, and Taiwan.
Click here to view related stories and content on PVC:
NewsSSESSMENTS: Thai PVC Offers To China Received Unfavourable Response
NewsSSESSMENTS: Pressure On South Korea PVC Prices Continues, Latest Bid Level Surfaced In China
NewsSSESSMENTS: May PVC Shipment Offers From Taiwanese Producer Surface In China
NewsSSESSMENTS: Leading Taiwanese PVC Producer’s Sell Ideas For May Shipment Revealed
NewsSSESSMENTS: Bids For US PVC Cargoes Placed At Three Digits Lower Than Initial Offer
NewsSSESSMENTS: PVC Producers Under Immense Pressure To Sell Cargoes, Deals Hit A New Low
NewsSSESSMENTS: Chinese PVC Producers Resort To Maintenance Shutdown To Alleviate Inventory Pressure
NewsSSESSMENTS: Spot PVC Price In Local China Market Broke A New Threshold Level
