European PVC November prices for CIS countries decrease

09 November 2017 11:37 Source:ICIS News

MOSCOW (MRC)--Negotiations on the prices of European polyvinyl chloride (PVC) for November supplies to CIS markets started last week with most European producers decreasing PVC export prices, according to a MRC Price report.

November contract ethylene price remained at the level of October.

However, weaker demand from export markets made European producers cut export prices.

Many producers announced a price decrease of €10-15/tonne from October.

Negotiations on November deliveries of suspension polyvinyl chloride (SPVC) for the CIS markets were done in the range of €765-830/tonne FCA (free carrier), while the October deals were done in the range of €780-840/tonne FCA.

PVC supply from most producers was sufficient, there was no information about limitations.

MRC, a partner of ICIS, produces polymers news and pricing reports from Russia, Ukraine, Belarus, Uzbekistan and Kazakhstan.

By Sergey Karaichentsev