14 November 2012 06:56 [Source: ICIS news]
Its offers for December shipments fell by $20/tonne to $930/tonne CFR (cost & freight) China Main Port (CMP)/southeast (SE) Asia and $950/tonne CFR India respectively, the source said.
Meanwhile, FPC’s December export offers to deep-sea markets, such as the Middle East, were steady at $880/tonne FOB (free on board)
Quantity discounts of $15/tonne are applicable for volumes of 1,000 tonnes to
FPC plans to export an estimated volume of 65,000-70,000 tonnes in total for December shipments, according to the source.
PVC prices are expected to be bottoming out soon as there is not much room for further downward adjustments of prices in view of high feedstock costs, the source said.
($1 = €0.79)
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