August PVC prices in Mexico roll over for pipe-grade, rise for GP

09 August 2012 23:30  [Source: ICIS news]

HOUSTON (ICIS)--Polyvinyl chloride (PVC) domestic prices in Mexico for August are assessed at a rollover for pipe-grade and at an average increase of $30/tonne (€24/tonne) for general purpose (GP) grade amid tightening supply, sources said on Thursday.

Resin suppliers are fulfilling contract commitments in Mexico, but spot material from the domestic producer and from US exporters is sold out for August, sources said.

Demand has risen as consumers restock depleted inventories, which thinned as PVC prices declined by 2 cents/lb in July and by 4 cents/lb in June.

PVC domestic prices in Mexico for August are assessed at $1,045-1,095/tonne DEL for pipe-grade and $1,145-1,195/tonne DEL for GP.

The domestic producer in Mexico is Mexichem.

($1 = €0.81)


By: Ron Coifman
+1 713 525 2653



AddThis Social Bookmark Button

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

ICIS news FREE TRIAL
Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index