Acetylene-based PVC Producer Approach India Market With Increases

Market sources in India reported that a Chinese acetylene-based PVC producer had announced higher offers from previous week despite the leading Taiwanese producer’s decision to cut May shipment offers by $60/ton to the country. When compared to previous week, the producer decided to increase offers by $10/ton. The latest offers to India stands at $948/ton CIF Nhava Sheva/Mundra and $1,007/ton CIF ICD Tughlakabad, excluding anti-dumping duty of $91.27 and on LC at Sight or 30% in advance payment term.