Indian markets continue to see dull PVC trading conditions, stable prices

Oct 28: PVC trading continued to remain lackluster in the major markets in India, amid availability of ample stocks and almost steady prices. Most PVC item manufacturers continued to procure their raw material on need-basis, and abstained from building up raw material inventories.A few buyers told that they expected further price-cuts by producers in the next price revisions. In the context of the prevailing market conditions in respect to the Vinyl-based polymer, a Mumbai-based trader told Indianpetrochem," There is no improvement in PVC purchases in the market, and the market condition is not likely to improve until Diwali." 
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