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European PVC prices was rolled over for CIS countries in September

September 08/2017

MOSCOW (MRC) - Negotiations on the prices of European polyvinyl chloride (PVC) for September supplies to the markets of the CIS countries had started last week. Despite the rise in ethylene prices in the region, European producers mostly kept the August level of PVC export prices for shipments in September, according to the ICIS-MRC Price Report.

September contract price of ethylene was agreed up EUR30/tonne from the level of August, which makes it possible to talk about reducing the cost of polyvinyl chloride by EUR15/tonne at least.

Some European producers have increased export prices by EUR10/tonne, but in most cases August prices were rolled over.

In general, negotiations on September shipments of suspension polyvinyl chloride (SPVC) to the CIS markets were held in the range of EUR790-850/tonne FCA, which practically corresponds to the August level.

The supply of polyvinyl chloride was sufficient at most producers, although some buyers reported a limited supply of resin with K70 at some producers.
Author:Anna Larionova
Tags:Europe, SNG, PVC, EPVC, SPVC, ethylene.
Category:General News
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