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NewsSSESSMENTS: Leading Taiwanese PVC Producer Announces May Shipment Offers

Author: SSESSMENTS

Market sources reported to SSESSMENTS.COM that the leading Taiwanese PVC producer has announced May shipment offers. When compared to the previous month, the leading Taiwanese PVC producer decided to decrease the offers by $160/ton to all markets. A discount of $10/ton is applicable for 500 tons and above to all markets. For May shipment, the producer decided to skip offers to India market. 

Several sources in China informed SSESSMENTS.COM that prior to the official announcement on April 20, the leading Taiwanese PVC producer has already started offering to the Chinese market. Some of the sources claimed that offers at $600/ton, far below the initial price is available in the market while others said deals were concluded at $620/ton on CIF China basis.

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The producer’s latest offers on LC at sight are as follows:

Delivery CountryDelivery TermOffers (USD/ton)
ChinaCFR660
Southeast AsiaCIF660
TaiwanFOB630

Tags: Asia Pacific,China,English,India,NEA,News,PVC,SEA,Taiwan

Published on April 20, 2020 11:27 AM (GMT+8)
Last Updated on April 29, 2020 11:06 AM (GMT+8)