Weak demand conditions likely to further lower PVC price in India

Oct 18: Demand for PVC remained inactive in the major markets of India, and many traders did not foresee the demand to strengthen during this month. Demand for the polymer will strengthen only after commencement of agricultural activities, that will necessitate agricultural pipes, according to some traders. Agricultural pipes are mostly made of PVC. In the context of the market conditions for PVC, a Delhi-based trader told Indianpetrochem," PVC buying has not yet improved, demand conditions for the polymer are not likely to stregthen in this month."
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