18 December 2006 00:00 [Source: ICB Americas]
With an increasing demand for price assessment and information on the Chinese market, ICIS pushes forward
ICIS pricing has launched a daily Chinese-language polyvinyl chloride (PVC) (China) report.
Using ICIS pricing's benchmark position in the global PVC market, the report delivers daily price assessments for north, east and south China markets, as well as incisive daily commentary on the market.
"Acetylene-based PVC production in China has surged from 5m tonnes in 2003 to 10m tonnes in 2005, which has resulted in oversupply and China becoming a PVC exporter," says Alfred Wong, ICIS China bureau chief.
"Domestic demand is also booming and is up from 4m tonnes in 2003 to 7m tonnes in 2005, with PVC being used in applications as diverse as tubing, medical packaging and toys," he added.
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