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Indonesian producer lowers local PVC prices for Sept

by ChemOrbis Editorial Team - content@chemorbis.com
  • 01/09/2015 (10:12)
A source from an Indonesian producer reported that they reduced their local PVC prices for September by IDR300,000-500,000/ton ($21-35/ton), bringing their new offers to IDR12,400,000-12,500,000/ton ($873-880/ton) on an FD Indonesia, cash basis.

The source commented, “Market sentiment remains bearish and we decided to decrease our prices following the reductions in the import market. Trading activities are slow while demand is not encouraging.”
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