China September PVC import offers rise $10/t

陈燕

  • 0

    留言
  • 588

    浏览
Benchmark offers for PVC cargoes for September arrival into China were around $10/tonne (€7/tonne) higher compared to the settlement price reached for August cargoes. Offers were heard at $930/tonne CFR (cost and freight) CMP (China Main Port) compared to the $920/tonne CFR CMP achieved for some of the August-delivery cargoes negotiated in early July. Producers who concluded negotiations in end July were heard to have sold their cargoes at $870-910/tonne CFR CMP amid declining demand. Buying interest, however, appeared to regain strength in recent weeks after futures prices at the Dalian Commodity Exchange (DCE) rose by 7.4% since August 1, traders and producers said. Prices for September delivery contracts at the DCE reached a record high of yuan (CNY) 7,700/tonne ($1,127/tonne) on Wednesday, lifting confidence among Asian PVC producers.
2009-08-14 收起回复

总条数:0条