European PVC November prices for CIS countries decrease

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.