Jul 16, 2025 2:40 a.m.

Thai maker stepped back on PVC hike target to Malaysia

Thai maker stepped back on PVC hike target to Malaysia

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It is reported that a major Thailand producer has down-adjusted PVC offers to Malaysia this week after implementing a $30-40/ton hike for October shipment cargoes earlier last week. The latest price list stands at $950/ton, CIF Malaysia, LC AS term.

The move comes as other international producers decide to rollover October offers from last month given softer demand across Asia region. A buyer commented, “We also received offers for South Korean PVC at $945/ton CIF term and considering to make a small replenishment. India demand seems coming back, which might support the sentiment in the coming month.”