VCM prices dipped by ten dollars to US$850/MT in Asia in the week of September 17, 2007 due to weak demand from China. Softer sentiments prevailed in the market due to strong opposition to price change from Chinese PVC producers. South Korean Hanwha Chemical plans to shut down its 230,000 tpa VCM plant in Yeosu at the end of October for a 20 day turnaround.
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