CFR (cost and freight) price of PVC suspension was $1,188.57 per metric ton in Far East Asia in January 2021, which went up by 12.32 per cent to $1,335 per metric ton in June 2021. But it dropped slightly by 3.06 per cent to $1,294.09 per metric ton in August 2021, according to Fibre2Fashion’s market analysis tool TexPro.
The price will increase again in December to reach $1,493.08 per metric ton, rising by 15.38 per cent over the price in August 2021.
On the other hand, in Southeast Asia, the CFR price of PVC suspension was $1,238.57 per metric ton in January 2021. It increased by 8.96 per cent to $1,349.55 per metric ton in June 2021 but dropped slightly by 2.66 per cent to $1,313.64 per metric ton in August 2021.
The price in Southeast Asia is expected to escalate again to $1,484.28 per metric ton in December 2021, rising by 12.99 per cent over the price in August 2021.
ALCHEMPro News Desk (KD)
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