We are exporter of PVC granules in competitive prices. Our virgin PVC resin is Iran origin.
Let’s look at Italy PVC market:
In Italy, the PVC market has been following a stable to firmer trend since the beginning of the year. Following the €10-20/ton increases that passed in May, sellers approached the Italian market with price hike targets of as high as €50-60/ton for June. They mainly pointed to recent production issues, expectations of better demand and the need to improve their margins. Price hikes have indeed materialized this month as was expected, but the firming amount has been limited so far, similar to last month. As a result of the pressure from competitive West European origins, Central European sellers have had to revise their hike targets down to €10-20/ton as well.
This steady firming has been occurring in Italy in spite of the fact that most of the key markets across the globe are in a downward trend. For the May and June business, PVC deals were concluded lower in Asia while further declines are awaited for July offers. Likewise, import prices to Mediterranean countries such as Turkey and Egypt have been following a gradual downward trend since the beginning of the May. The lack of buy interest is blamed as the main reason behind the constant fall while the ongoing unrest about the health of the global economy is also contributing to the slowdown.
Source: Chemorbis
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