Import polyvinyl chloride (PVC) offers on LC at sight, CIF India Main Port basis
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NewsSSESSMENTS: Chinese Polyvinyl Chloride (PVC) Cargoes CIF India At Three Digit Levels
QuickTake on India's PVC market this week:
- The leading Indian PVC producer applied a notable correction on local offers with effect from July 13
- Indian rupee plunged to historic lows against the US dollar, expected to breach 80 per US dollar
- Offers for localized Chinese cargoes expected to reach mid INR80,000/ton ($1,001/ton)
- Price gap between localized Chinese cargoes and other origins widen
- Japanese, Thai PVC cargoes below $1,100/ton
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WeeklySSESSMENTS: India Polyvinyl Chloride (PVC) Prices Week Starting July 11
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Published on July 14, 2022 4:39 PM (GMT+8)Last Updated on July 14, 2022 4:56 PM (GMT+8)