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Chlor-Alkali in Europe-Recovery on the Horizon?
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MARKET NEWS
NORTH AMERICA
Chlor-Alkali: It is believed that the $60/dst rise was widely applied to US caustic soda prices on 1 May
Vinyl: Maximum chlorine production is still failing to release incremental EDC; PVC remains the focus.
EUROPE
Chlor-Alkali: There is a tighter feel to the market due to plant outages and healthy caustic soda demand.
Vinyl: The Lavera issue has provoked a system-wide PVC force majeure, which will add to the momentum for a May price rise.
ASIA
Chlor-Alkali: Asian spot prices are stable at $440-460/dmt fob.
Vinyl: PVC prices are up to $1200-1260/mt cfr.
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