On September 4, PVC prices in the Asian market saw increases in certain regions. CFR China PVC spot offers rose by $30 to $840/tonne, while CFR Southeast Asia prices remained flat at $760/tonne. CFR India prices increased by $10 to $850/tonne.
Regarding the spot market, regional quotes rose this week; CFR China spot offers increased by $30/tonne to $840/tonne, and CFR India offers rose by $10/tonne to $850/tonne, with only CFR Southeast Asia remaining unchanged. Rising import costs are providing positive support for domestic PVC spot prices, bolstering the domestic market trend. On the futures front, the transmission of bullish sentiment from overseas markets is expected to drive PVC-related futures contracts to trade with greater strength.
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