European PVC prices in September or continue to fall
In Europe, many marketers have closed the summer holiday, back to the city. At the end of August PVC prices have declined. According to ChemOrbis, lower upstream costs led some marketers to look forward to the current price trend continued until September. A Western European PVC manufacturer in the contract and the spot market in August offer fell by 15-25 euros / ton. “We may further cut prices, but we will try to control the decline in 30 euros / ton, after a long period of force majeure, we need to restore profits. Italy market is still very calm .As for September, in view of crude oil and stone
In Europe, many marketers have closed their summer holidays and returned to the city. At the end of August PVC prices have declined. According to ChemOrbis, lower upstream costs led some marketers to look forward to the current price trend continued until September.
A Western European PVC manufacturer in the contract and the spot market in August offer fell by 15-25 euros / ton. “We may further cut prices, but we will try to control the decline in 30 euros / ton, after a long period of force majeure, we need to restore profits. Italy market is still very calm .As for September, given the price of crude oil and naphtha The sharp decline in the price, we continue to lower the price. “In fact, naphtha spot CIF Northwest Europe offer last week fell below $ 400 / ton.