Poor downstream demand amid rising supply of Chinese PVC could slam the brakes on PVC’s price uptrend in Asia. PVC prices have been rising over the past 12 weeks with no significant pullbacks, but there were concerns that speculative buyers may retreat to the sidelines at the first sign of a reversal in the trend. Prices of PVC imports into China fell $10-20/tonne (€7.80-15.60/tonne) to $670-700/tonne CFR (cost and freight) at China Main Port (CMP) last week.