Monday, December 27, 2010

Weak PE, PVC demand in India weighing on sentiment in Asia

Players in India report that demand for PE and PVC is weak in the country these days owing to the lingering effects of a prolonged monsoon season, as per Chemorbis. As demand for these products generaally picks up during the last months of the year, post Diwali holidays, unseasonably weak demand from Indian buyers has dampened sentiment across Asia- poor demand in the domestic market is leading Indian producers to take a greater interest in exports at a time when exporters from other parts of Asia are facing greater difficulties concluding deals in the Indian market.

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