Market sources in India reported to SSESSMENTS.COM that offers for Japanese PVC cargoes surfaced in the country amid the extended lockdown. As informed, the Japanese PVC cargoes are available at $650/ton on LC at sight, CIF India Main Port basis. A manufacturer in the country stated having ample stocks on hand and decided not to purchase the cargoes. More added, the Japanese PVC producer only offers to serious buyers, and the buyers have to open Letter of Credit (LC) on-time.
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