Market players reported to SSESSMENTS.COM that an Indian PVC producer has announced revision for local offers. As noted, the producer decided to adjust up local PVC offers by INR6,000/ton ($80/ton) with effect from May 16, 2020. According to the sources, the producer’s offers are available at INR67,000/ton ($889/ton) on EXW Kota basis and INR68,870/ton ($914/ton) on EXW Delhi basis. All excluding 18% GST.
Upon receiving the information, SSESSMENTS.COM contacted the producer to verify on the steep increases in PVC prices as other local producers only adjusted up by INR2,000/ton ($26/ton). The producer source stated that the news regarding INR6,000/ton ($80/ton) price hikes is untrue.
Click below to view related stories and content on PVC:
NewsSSESSMENTS: Indian PVC Producer Announced Revision For Local Offers
NewsSSESSMENTS: Leading Indian PVC Producer Adjusts Prices On May 18
NewsSSESSMENTS: Japanese PVC Producer Indicates June Shipment Offers
NewsSSESSMENTS: Chinese PVC Producer Adjusted Local Offers, Export Prices Deemed To Be Unworkable
