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NewsSSESSMENTS: South Korean Producer Announced New PVC Offers For India Market

Author: SSESSMENTS

A competitor announced import PVC offers to India market following the leading Taiwanese producer’s move. Market sources informed SSESSMENTS.COM that June shipment PVC cargoes from a South Korean producer to India market captured at $730/ton on LC at sight, and $740/ton on LC 90 days payment term. All offers are on CIF Nhava Sheva Port.

Previously reported by SSESSMENTS.COM, June shipment offers from the leading Taiwanese PVC producer surfaced at $740/ton on LC at sight, CIF Nhava Sheva Port before volume discount. The move from the Taiwanese and South Korean producer will have a domino effect on the offer that will be announced by a Japanese producer that previously voiced out sell idea for India market at $750/ton.

Click below to view related stories and content on India PVC market:

WeeklySSESSMENTS: India PVC Prices Week Starting May 18 

NewsSSESSMENTS: Leading Taiwanese PVC Producer Announces June Shipment Offers

NewsSSESSMENTS: Indian PVC Producer Announced Revision For Local Offers (Updated)

NewsSSESSMENTS: Indian PVC Producer Announced Revision For Local Offers

NewsSSESSMENTS: Leading Indian PVC Producer Adjusts Prices On May 18

NewsSSESSMENTS: Leading Taiwanese PVC Producer Dropped Hints About June Shipment Pricing, April Shipment Compensation For India Market

Import ethylene-based PVC offers on CIF Nhava Sheva Port

OriginTransaction TypeOffers (USD/ton)Payment Term
South KoreaOffer Received730LC at sight
South KoreaOffer Received740LC 90 days

Tags: Asia Pacific,English,ISC,India,News,PVC

Published on May 20, 2020 2:16 PM (GMT+8)
Last Updated on May 20, 2020 2:16 PM (GMT+8)