🔍 The European PVC market faces challenges as it attempts to stabilize amid low procurement and margin pressures. Here are the key highlights:
🔸Small price drops (€5-10/ton) due to buyer resistance.
🔸Holiday-shortened months and low demand in Western Europe.
🔸Comfortable supply and competitive pressure from overseas offers.
🔸Potential antidumping measures from the European Commission.
🔸Increased June PVC offers in Asia by major Taiwanese suppliers.
Despite rising resin prices in Asia, a softer trend is expected in the European PVC market for May. Suppliers face tight margins and dull buying appetite. June may see decreases in the next monomer contract due to lower upstream costs. What are your thoughts?
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