Economics :: Prices
PVC November Contracts Settle Late
10:22 AM MST | February 4, 2008 | Chemical Week Editorial Staff
The last of the November polyvinyl chloride (PVC) contracts settled at an increase of 4 cts/lb, market sources say. Several of the contracts remained unsettled into the third week of January, as buyers continued to hold out for a 3 cts/lb increase. Buyers cited weak demand for PVC products due to poor housing market conditions, while producers defended the increase based on rising ethylene prices. December contracts were settled as a rollover before the last of the November contracts had settled. Increases of 2 cts/lb for both January and February contracts have...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee