Friday, June 11, 2010

Declining PVC and PP from USA compete in global markets

Falling feedstock costs and overall weakness in the global PVC market has been pulling down US PVC offers in several major markets since the beginning of May. As per Chemorbis, regional offers to Turkkey have retreated by US$100-150/ton, and by US$110-130/ton to Egypt in this month, while import offers have retreated by US$80/ton in China within the same period.

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