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RumourSSESSMENTS: Localized PVC Prices In China Market Hovering Near New Threshold Level

Author: SSESSMENTS

Market talks have it that localized PVC prices in China are inching close to a new psychological level of CNY5,000/ton-level. On April 29, localized ethylene-based PVC cargoes of US, India, and Southeast Asia origin are heard available between CNY5,250-5,300/ton ($741-748/ton) in the South China market. All offers are on cash, EXW basis and including 13% VAT.

RumourSSESSMENTS are the stories and information that market players heard and asked SSESSMENTS’ Team to Verify. Often, this information is correct, and sometimes incorrect, something we conclude after the full verification process. However, while waiting for the complete verification process to complete, we wish our customers to be aware of all the stories and rumours in the market. The status for all RumourSSESSMENTS will be updated upon verification process, when the regular SSESSMENTS sections will be updated with the verified information as well. 

Click below to view related stories and content on the China market:

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Localized ethylene-based PVC offers on cash, EXW South China basis (including 13% VAT in CNY term and excluding VAT in USD term)

OriginTransaction TypeOffers (CNY/ton)Equivalent in USD/ton
Indian SubcontinentOffer Given5,250-5,300656-662
North AmericaOffer Given5,250-5,300656-662
Southeast AsiaOffer Given5,250-5,300656-662

Tags: Asia Pacific,China,English,NEA,PVC,Rumour

Published on April 29, 2020 4:50 PM (GMT+8)
Last Updated on April 29, 2020 4:51 PM (GMT+8)