Spot VCM prices in Asia have begun to move downward after resisting the pull of the declining upstream ethylene and downstream PVC prices for some time, as per Chemorbis. This reduction in VCM prices will help Asian PVC producers shore up their margins after they had been forced to offer below cost levels so as to attract buying interest.
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Monday, June 07, 2010
VCM dips in Asia as ethylene, PVC weaken
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