POLYMERS-PVC

Poly Vinyl Chloride prices tumbled by almost forty dollars to US$980/MT in Asia in the week of October 15, 2007. Persistent dull market outlook and weak demand from China have kept prices down. Softer domestic prices continue to prevail even after the Chinese buyers have returned from the week long break. Buying interest from the Middle East region for Asian cargoes has been weaker due to the arrival of cheaper cargoes from USA.