Market talks have it that import offers for ethylene-based PVC cargoes from a US producer to China surfaced in the market at a remarkable level. The latest offers from the producer are heard at $760/ton on LC at sight, CIF China Main Port basis, or $50/ton lower than offer level available in the previous week, which is equivalent to CNY5,600/ton-level for re-exporters. According to SSESSMENTS.COM pricing database, ethylene-based PVC offers in the local China market from March 23-26 range between CNY5,900-6,500/ton on cash ($831-916/ton), EXW/FD 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.
