Colombia’s Jan PVC prices rise on demand and firmer US market

02 January 2014 22:27  [Source: ICIS news]

HOUSTON (ICIS)--January polyvinyl chloride (PVC) prices in Colombia’s domestic and export markets were up from December 2013, supported by robust local activity, firming prices in the US, and perceived product tightness in the US Gulf, sources said on Thursday.

January export prices to Brazil have not yet been announced, but are also expected to rise, according to the sources.

In December, domestic prices were assessed down from November to factor currency fluctuations, but export prices rolled over from November.

For January, Colombia’s PVC domestic prices are assessed at $1,215/tonne (€887/tonne) DEL (delivered) for pipe-grade and $1,230/tonne DEL for general purpose (GP). Export prices to South America except Brazil are at $1,130-1,140/tonne CFR (cost and freight).

December PVC domestic prices in Colombia stood at $1,160/tonne DEL for pipe-grade and $1,180/tonne DEL for GP. December export prices to South America except Brazil were at $1,090-1,100/tonne CFR.

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

($1 = €0.73)

By: Ron Coifman
+1 713 525 2653

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