NewsFlashUS Dec PVC contracts settle 7 cents/lb lower

16 January 2009 21:56  [Source: ICIS news]

HOUSTON (ICIS news)--US polyvinyl chloride (PVC) contracts for December settled down 7 cents/lb ($154/tonne or €117/tonne) on lower feedstock costs and weak demand, buyers and sellers said on Friday.

The settlement reduced US PVC contract prices to 51-53 cents/lb for pipe grade resin and 55-57 cents/lb for general purpose grade material, before discounts, according to global chemical market intelligence service ICIS pricing.

US PVC producers include Shintech, Westlake Chemical, Occidental Chemical, Formosa Plastics and Georgia Gulf.

($1 = €0.76)

For more on PVC, visit ICIS chemical intelligence
To discuss issues facing the chemical industry, go to ICIS connect

 

 

By: Greg Holt
+1 713 525 2653

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly