In Asia, spot VCM prices were reported stable at $630/ton CFR Far East Asia and $690/ton CFR Southeast Asia, as of the end of last week. The weaker PVC market kept the VCM market under pressure, according to players.
In Europe, spot VCM was again stable at $630/ton FOB NWE as of the end of last week. Players widely concurred that the strikes in France did not affect the ethylene or VCM production.
In the US, spot VCM prices were reported lower on the week at $600/ton FOB USG as of the end of last week. Weakening export demand for PVC and lower prices weighed down on the VCM market, according to players.
In Asia, spot VCM prices were reported stable at $630/ton CFR Far East Asia and $690/ton CFR Southeast Asia, as of the end of last week. The weaker PVC market kept the VCM market under pressure, according to players. In Europe, spot VCM was again stable at $630/ton FOB NWE as of the end of last week. Players widely concurred that the strikes in France did not affect the ethylene or VCM production. In the US, spot VCM prices were reported lower on the week at $600/ton FOB USG as of the end of last week. Weakening export demand for PVC and lower prices weighed down on the VCM market, according to players.
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