CPVC Prices Vary Widely as India Demand Slows Down [Current Chinese CPVC Export Prices] Product Application Price Range For Pipes (Extrusion) USD 1,000 – 1,060 / MT For Fittings (Injection) USD 1,060 – 1,180 / MT Chinese CPVC export prices are staying week right now, mainly because sales to India—their biggest market—have slowed down. The … Read more
Until last Friday, rising crude oil and octanol prices briefly pushed the DOTP market up. However, this recovery did not last due to weak demand from downstream processors. Currently, the domestic DOTP price in China is around CNY 8,300/MT (delivered to East China), which is about USD1,225/MT. Considering 13% of VAT refund, Chinese export offers … Read more
Oil prices, which rebounded last week, flattened in the low $70s/bbl as US-Iran talks about termination of the war showed signs of reviving, prompting naphtha, ethylene, and propylene markets to enter a wait-and-see mode. Reflecting this, Far East PVC prices halted their recovery, with near-term gains heavily capped by a monsoon-driven demand slump across Asia. … Read more
