Friday, August 29, 2008

PVC price drop of fifty dollars meets with little enthusiasm from Asian buyers

PVC prices ebbed to 9 week lows of US$1250/MT FCR China last week, mainly on bearish demand from China. As demand from China continues to be unenthusiastic and bearishness persists in the market outloook, PVC prices in Asia have sunk further by about fifty dollars.

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