PVC

As January offers were hiked by suppliers, polyvinyl chloride prices saw a northward movement, rising to US$985/MT in Asia in the week of December 17, 2007. Quotes from Taiwanese producers were heard at a premium of thirty dollars as feedstock VCM values strengthened and demand improved. Quotes for January PVC offers from the Japanese players are awaited as they conclude deals for December shipment at about US$970/MTCFR China and hike more recent offers for December shipment to US$990/MT CFR CMP.