Asian
PVC: Amid abundant supplies- India
holiday is scarcer than April
offers- CFR
China at 2-month low CFR India atDespite
ample supply, Asian polyvinylchloride declined $10-$15/mt during week March
8. Trading activity was limited due to India's key players being absent
for a public holiday. Market participants also decided to wait and see
before announcing any April offers. CFR China PVC prices fell $10/mt
weekly to $890/mt February 8, and CFR India PVC prices dropped $15/mt to
$920/mt March, compared to the previous week. 8. China's PVC exports
remained active. This resulted in FOB China prices falling by $35/mt per week
to $840/mt (ethylene-based PVC) and $820/mt (820/mt (carbide-based PVC),
respectively, according to data. Prices FOB China are currently higher
than the local market. This has also led to active exports from China. The
local China PVC price dropped from...