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Philippine buyer: local PVC prices move lower

by ChemOrbis Editorial Team - content@chemorbis.com
  • 25/05/2015 (14:29)
A pipe manufacturer in the Philippines reported that a local producer reduced their PVC prices to the domestic market by PHP500/ton ($11/ton) when compared to their April levels. The producer is now offering local PVC at PHP49500/ton on an FD Philippines, cash including VAT ($990/ton without VAT).

The buyer commented, “Local supplies remain sufficient while demand is slowing ahead of the upcoming rainy season. We expect to see some further drops in PVC prices in the days ahead.”
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