A competitor announced import PVC offers to India market following the leading Taiwanese producer’s move. Market sources informed SSESSMENTS.COM that June shipment PVC cargoes from a South Korean producer to India market captured at $730/ton on LC at sight, and $740/ton on LC 90 days payment term. All offers are on CIF Nhava Sheva Port.
Previously reported by SSESSMENTS.COM, June shipment offers from the leading Taiwanese PVC producer surfaced at $740/ton on LC at sight, CIF Nhava Sheva Port before volume discount. The move from the Taiwanese and South Korean producer will have a domino effect on the offer that will be announced by a Japanese producer that previously voiced out sell idea for India market at $750/ton.
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