Taiwanese major rollover PVC offers for July shipment

According to market sources, a major Taiwanese producer has announced fresh PVC offers to regional market at unchanged levels from last month, at $930/ton to India and $870/ton to Southeast Asia and China, all based on CIF/CFR, LC AS term.

Indian buyers are still on the side-line to monitor further development with a trader said, “We think there must be some discount when it comes to closing deals. Supply is fair while demand across China, Southeast Asia and India is rather soft. We think market shall show more respond in the afternoon.”