Wednesday 16 October 2013

PVC demand likely to strengthen soon

Oct 08: Demand for PVC is expected to strengthen in Indian markets by the second half of this month, with the rainy season coming to an end. A trader in the Mumbai market told Indianpetrochem," Demand for PVC is still dull, but the demand is likely to pick up after 8-10 days, after the rainy season getting completely over." PVC was sold today in the Mumbai market at Rs 83 a kg. 

Normally, demand for PVC strengthens after the rainy season, when manufacturing activities gains momentum.

The latest international PVC offer to India was heard at $1,060 per metric tonne CIF. 
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