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October prices of European PVC rose again for CIS markets

October 12/2017

MOSCOW (MRC) -- Negotiations over prices of European polyvinyl chloride (PVC) for October shipments to the CIS markets were held last week. Most European producers further raised their PVC export prices, according to ICIS-MRC Price report.

The October contract price of ethylene was agreed up by EUR30/tonne from September, which presupposes the increase in PVC production costs by, at least, EUR15/tonne. At the same time, some producers slightly reduced their export prices and others decreased them more substantially than the rise in ethylene prices. Overall, the increase was EUR5-25/tonne.

Negotiations over October shipments of suspension PVC (SPVC) to the CIS markets were held in the range of EUR795-860/tonne FCA. Most producers" supply of PVC was sufficient, although some buyers reported tight supply of resin with K = 70 from some producers.
Author:Margaret Volkova
Tags:Europe, SNG, PVC, SPVC, ethylene.
Category:General News
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