Local PVC offers in Indonesia extended the firming trend

Indonesian players reported that domestic suppliers have implemented further hike on their PVC offers to local buyers by $30/ton from last month, following the international trend. As a result, latest PVC prices in domestic market currently reaching $‎1040-1070/ton FD Indonesia, cash term.

A PVC sheet manufacturer purchased the cargoes at $1070/ton FD Indonesia said, “Our supplier is very firm on their prices citing healthy demand in the export ground. With market outlook hold bullish in the near term, we think it is very likely that suppliers would firm up offers again in the coming month.”