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[Asian PVC market is expected upward]
Release date:[2013/12/27] Read a total of[1553]time

Recently, market participants said, due to tight supply and upstream costs continue to rise next year in January or Asian PVC import prices rise.

China Taiwan a major producer, said in January next year will be a strong demand in Asia PVC goods, and U.S. producers will reduce its export quotas. January China Taiwan origin PVC prices will rise 20 U.S. dollars / ton, while the origin of the American PVC prices will rise $ 30 / t. In mainland China, due to the tight supply of raw materials in East China, PVC vinyl products are now very tight supply. Thailand, a trader expects Chinese suppliers will raise prices $ 10 to $ 20 / ton, but they think the market may not accept the price rose.

Market participants said the local prices in Southeast Asia in January next year will also rise. Philippines, a producer said, is now planning to raise prices in January, mainly because of rising costs of raw materials VCM, and the recent depreciation of the peso against the U.S. dollar. Indonesia is also a PVC producer price $ 20 / t, the producers said that it has reduced the operating rate to 50% to 60%, because of the limited supply of raw material VCM and prices.

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