Colombia PVC prices rise in March on regional trend, tight supply

07 March 2013 22:51  [Source: ICIS news]

HOUSTON (ICIS)--Polyvinyl chloride (PVC) domestic prices in Colombia for March business rose by $70/tonne (€54/tonne) from February, driven by the regional firming trend and by tight supply throughout the Americas, industry sources said on Thursday.

Domestic PVC prices are assessed for March at $1,360/tonne DEL (delivered) for pipe grade and $1,380/tonne DEL for general purpose (GP) grade.

March export resin from Colombia is offered at $1,210-1,220/tonne CFR South America, up by $50/tonne this month following the $30/tonne hike in February from January.

Local sources said supply has been meeting strong demand despite five days of maintenance at the domestic PVC plant in mid-February.

The domestic PVC producer in Colombia is Mexichem.

($1 = €0.77)

By: Ron Coifman
+1 713 525 2653

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