- China's demand is not strong- Exports more than doubled in
Jan-Feb according to ITC dataThe US export PVC price fell $10/mt this
week due to increased competition from China. This was despite soft global
and higher exports from China. As expected,
demand in Asia and China in particular has not recovered post-Lunar New
Year. Sources indicated that this has caused a lot of
exports from the region. prices in the US at $840/mt CFR Southeast Asia on
April 12 and $800/mt CFR China at April 12. Turnarounds at two locations
have been confirmed. In May, Westlake's PVC facility in Calvert
City in Kentucky will close. Formosa Plastics' turnaround is currently
underway from Point Comfort, Texas. Comfort, Texas. The peak
mortgage interest rate was 7.08% on Nov. According
to Freddie Mac's last assessment, the average interest rate for a 30-year
mortgage at 6.28%...