LATEST NEWS: Taiwanese Producer Announces Sharp Cuts in July PVC Offers

A major Taiwanese PVC producer has released its July pricing for Asian markets, implementing substantial reductions compared to its revised June offers. The move reflects ongoing weakness across the regional PVC market, where sluggish demand and ample supply continue to pressure sellers.

The latest cuts suggest producers are becoming increasingly aggressive in an effort to stimulate buying interest. However, market sentiment remains cautious as many buyers continue to expect further corrections.

July PVC Offer Levels

India (CIF)
USD 815/ton
Down by USD 115/ton

China (CIF)
USD 760/ton
Down by USD 120/ton

Taiwan (FOB)
USD 730/ton
Down by USD 120/ton

Southeast Asia Offers

Vietnam (CIF)
USD 755/ton

Thailand (CIF)
USD 780/ton

Malaysia (CIF)
USD 790/ton

Volume Discount

Orders above 1,000 tons
USD 10/ton discount

The latest pricing announcement highlights the continued challenges facing Asia’s PVC market. Weak downstream demand, comfortable inventories, and strong competition among suppliers are forcing producers to lower offers to remain competitive.

Market participants expect buying activity to remain cautious in the near term, with many customers continuing to monitor price trends before committing to larger purchases.

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