25 January 2013 23:59 [Source: ICIS news]
LONDON (ICIS)--European polyvinyl chloride (PVC) January contract prices have settled with average increases of €20/tonne ($27/tonne, £17/tonne) in northwest Europe, €25/tonne in the Mediterranean and £15/tonne in the ?xml:namespace>
In northwest Europe, increases were generally in the range of €10-30/tonne, while settlements in southern
One producer said its prices had generally risen by €30/tonne, with some contracts increasing by €40/tonne in southern
A producer that mainly sells in the Mediterranean said contracts had risen by €25-30/tonne, while a buyer in
Despite a rollover in the January feedstock ethylene contract price, producers had targeted rises to increase weak margins, after price decreases in the fourth quarter of 2012.
($1 = €0.75, €1 = £0.85)
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