Naphtha prices, which serve as a basis for the likes of the synthetic rubber market, are showing a significant drop amid tough market conditions. As of March 24, prices in Tokyo’s open-spec naphtha market are sitting at a median of $195 per ton when looking at product set to be delivered in late May. This is roughly a third of...
Tosoh Corp. (TYO:4042) has announced that it will be raising its prices for polyvinyl chloride (PVC) paste by over 16 yen ($0.14) per kilogram as of Nov. 1. The company had previously announced on July 19 that it would be increasing its PVC price by 10 yen per kilogram. But with the cost of domestically produced naphtha – a basic...
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