Friday, February 13, 2009

Robust PVC markets buoy EDC and VCM prices

CFR Asia EDC prices have been boosted to US$200/MT by stronger PVC market outlook and prices. As buying was concluded at these levels, sellers have moved to increase offers by about 50 dollars. VCM prrices have crossed the 600 dollar mark in Asia, in line with the improving PVC market sentiments and strengthening downstream demand and prices.

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