PVC

Poly Vinyl Chloride prices stagnated at US$1045/MT in Asia in the week of February 25, 2008, on lackluster market conditions. PVC markets were quieter as they awaited March offers by major suppliers. PVC exports from Japan are estimated to be further reduced rate in the month of March as Taiyo Vinyl plans to shut down its 310,000 tpa PVC plant for a 6 week maintenance turnaround. This will lead to further restricted supply in the region. Producers from Japan are considering a price hike for next month mainly due to higher feedstock costs coupled with restricted supply in the region.

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