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Asian PVC prices climb higher on demand from China, India

Chinese environmental regulations have also cut supply

TOKYO -- Polyvinyl chloride prices are on the rise in Asia, thanks to brisk demand for pipe material around the region and weak supply stemming from stricter environmental regulations in China.

Formosa Plastics has set its offers for PVC exports to India at $1,030 per ton for October, up 1% from September's price and 10% above the recent low marked in July. The Taiwanese company's prices serve as a benchmark for Chinese, Japanese and Taiwanese plastics makers exporting PVC products to India and other emerging markets. 

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