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Philippine buyers: Local producer cuts PVC prices for Dec

by ChemOrbis Editorial Team -
  • 08/12/2015 (15:58)
Buyers in the Philippines report that they have received new December PVC prices from a domestic producer with a decrease of $10/ton compared to November at $820/ton on an FD Philippines, cash basis.

A pipe manufacturer who received new offers from the producer commented that demand is slowing ahead of the approaching year-end holidays while another buyer added, “A local producer is going to restart their plant on December 10. However, next week will be the last week before the year-end holidays. Hence, we are not expecting to see any real revival in trading activities.”
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