Colombia PVC prices decline in May on regional market dynamics

03 May 2013 23:45  [Source: ICIS news]

HOUSTON (ICIS)--May polyvinyl chloride (PVC) domestic prices in Colombia fell by $110/tonne (€85/tonne) from April, driven by market dynamics in South America and other global regions, sources said on Friday.

Export offers from Colombia for May shipment have also emerged at prices lower by $100/tonne from April.

Domestic prices for pipe-grade PVC in Colombia are assessed by ICIS at $1,200/tonne DEL (delivered).

Colombian and Latin American markets were gauged as active despite the mid-week Labour Day holiday, according to sources.

In other countries in Latin America, domestic and export prices have settled down or at a rollover for May, sources said.

PVC prices have rolled over in Argentina, Brazil and Venezuela, but weakened in Colombia, Mexico and along the Pacific coast of South America, according to regional participants.

Industry sources are projecting continued moderate demand throughout Latin America.

PVC producers in Latin America are Mexichem, Braskem and Solvay.

($1 = €0.77)


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