30 November 2011 11:03 [Source: ICIS news]
The VCM producer released its offer for December shipment cargoes at $860/tonne (€1,143/tonne) CFR China last week but a deal has yet to materialise due to the wide gap in buy-sell ideas, market sources said.
Import prices of VCM to northeast Asia have risen by $60-90/tonne (€45-68/tonne) on tight supply.
But downstream demand in the polyvinyl chloride (PVC) market in
Keiyo Monomer is a subsidiary of the glass, electronics and chemical group Asahi Glass Co, a core company of the Mitsubishi group.
VCM is chiefly used to produce the polymer polyvinyl chloride
($1 = €0.75)
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