PVC players are anticipating a stable to firm outlook for the near term as they believe that demand may improve in line with the start of the high season in March. The extended period of steadily decreasing prices is also given as a reason behind many players’ increase expectations. Plus, spot naphtha prices in Asia were able to climb over the $300/ton threshold after the holidays despite low crude oil costs while spot ethylene prices are also firm ahead of the upcoming turnaround season at many Asian crackers.