As of June 26, the Asian PVC market has seen a decline this week. CFR China PVC spot offers dropped by $20 to $740/tonne; CFR Southeast Asia quotes fell by $50 to $720/tonne; and CFR India quotes decreased by $30 to $735/tonne.
With the Asian PVC market trending downward overall—marked by price drops of $20/tonne, $50/tonne, and $30/tonne for CFR China, Southeast Asia, and India respectively—the cost of imported PVC has retreated. This shift is expected to dampen trading sentiment in the domestic PVC spot market, exerting a generally bearish influence on PVC prices.
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