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India-China PVC spread seen widening in Q4 on Indian quality control requirements

February 29, 2024 Comments Off

The polyvinyl chloride spread between CFR India and CFR China prices will likely widen in the fourth quarter amid expectations of recovery in Indian PVC values following its quality control policy. India’s new quality control requirements, ratified by its Bureau of Indian Standards, make BIS certification mandatory for PVC, the Ministry of Chemicals Fertilizers said Feb. 27. The policy will…