Indonesian producer reveals Aug PVC offers to regional markets
For August shipments, PVC K67-68 prices were increased by $20-40/ton from July, with new offers reported at $780-820/ton CIF Southeast Asia, cash.
Market participants noted that the producer's pricing move comes as regional suppliers adopt a stronger stance after recent upward adjustments in Asian PVC markets.
According to a source close to the producer, a large portion of the August volume had already been committed through contracts concluded in July. As a result, only limited quantities remain available for August deliveries, with most purchasing decisions having been finalized at July price levels.
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