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)
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