HOUSTON (CIHI) – American polyvinyl chloride
(PVC) spot export prices firm up as demand increases
returned to China and American producers increased
The increased demand in China has brought
positive sentiment in world markets for a
go back to more normal markets and reversed a
lower prices over several weeks.
The United States has assessed the export range for cash
average of $ 20 / tonne at a narrower range of
550-570 $ / ton.
US producers offered spot export prices at
increases of $ 40 to $ 50 / tonne more than business
done the week before.
Some buyers were reluctant to buy
at higher prices, but some have decided to move forward
The higher offers come after most American producers
have sold their volumes in May and aim to
end of May and June lifted.
Firmer demand in China has come
the region undertakes the maintenance
turnarounds, adding to the urgency of buying.
The main American producers of PVC are Shintech,
Westlake Chemical, Formosa Plastics and
Miniature photo by Hans
Lippert / imageBROKER / REX / Shutterstock