European PVC producers seemed unconvinced that they would be able to push through demands for the pro-rata increase in costs in August and agreed to a rollover. One producer was not prepared to waive a €5/t ($5.50) increase.
Slight increases and reductions were seen here and there, depending on the price for the previous month. Contract prices on the UK market rose due to currency translation effects. Additives remained neutral overall. Only plasticiser prices were still under pressure.
Order activity in September was eagerly anticipated. The hope is that a seasonal upturn will come about in the same way as last year and that the PVC market will be largely spared the economic slowdown. At all events, reductions ought to be feasible given the weaker cost side.