Tuesday, October 07, 2008

PVC prices expected to weaken further once Chinese buyers return to the market

A pessimistic outlook prevailed in PVC market of Asia due to a dearth on concluded deals last week as the major buyers in the continent- the Chinese, were on a week long break. Though sellers have lowwered offers to US$970/MT CFR chine, buyers have expressed an interest to buy almost seventy dollars lower.

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