PVC demand continues to remain soft in India after RIL's downward price revision – 1 Oct 2014

PVC buying continued to remain lackluster in Indian markets, even after Reliance Industries Limited lowering its ex-work price. Traders told the website that buyers restricted from purchasing the raw material as production was inactive in the end industries. Moreover, traders also did not foresee any improvement in the buying pattern in the coming days.

In the meantime, international prices for the polymer also softened due to sluggish demand conditions arising from the start of Chinese holidays.