European and Turkish PVC: Turkish
spot prices ease$20/mt on ample supply■  Imports
continue to flow toward Europe, Turkey as freightcosts ease■  Turkish
spot prices continue to ease amid ample global supplyTurkish PVC spot prices remained under pressure this week.With
demand continuing to decline, offers continued to bediscounted amid ample
global supply. Offers from duty-free originssuch as Egypt and Europe continued
to be reduced in order to attractbuying interest. However, traders continue to
report weak buy interestas final consumer demand remains weak. Both Egyptian
and Europeansuppliers were heard continuing to discount material amid
globaloversupply"The PVC business is almost dead. We did not get any inquiry
for thelast two weeks. In general, whole industries in the country are
sufferingfrom low capacity utilization rates," a Turkish trader said,
though inEurope spot prices remained...