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Indonesian producer lowers local PVC prices

by ChemOrbis Editorial Team - content@chemorbis.com
  • 03/06/2015 (11:36)
A source from an Indonesian producer reported that they reduced their local PVC prices by $30/ton due to sluggish demand. The producer’s local PVC prices currently stand at $940-970/ton on an FD Indonesia, cash basis.

The source commented, “Demand remains stagnant, especially from the construction sector. We hope that buying interest will improve in August after the Ramadan holidays. For imports, we already sold out our quotas to Malaysia and Singapore.”

Meanwhile, a PVC profile converter reported that they purchased some local PVC at $940/ton on an FD Indonesia, 30 days deferred payment basis.

In Indonesia, local PVC prices are currently reported at $936-970/ton FD, cash equivalent basis.
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