The euro has maintained its strength against the US dollar over the month of October, with the exchange rate parity hovering above 1.38 since the first half of the month. As per Chemorbis, the rising euro/USD parity has attracted more import PVC cargoes to Europe this month as the USD based offers are lower in value in euro terms, contributing to the competitive power of these non-European PVC cargoes.
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Friday, October 29, 2010
Tight local supplies push Italian PVC buyers to import market
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