Southeast Asia PVC Market
Indian PVC prices are stable after recovering
Overall Trends In Southeast Asia and India, the price of imported PVC follows an almost steady trend this week after rising last week because of improvement in demand from India and limited supply from China. Previously, Indian PVC import prices rebounded after hitting the lowest level in 3 years because many factors have supported Asian suppliers to raise their offer prices.
The explosion took place at Mailao's Formosa Plastics Group factory, Taiwan had an immediate impact on the PET market when spot PX prices and PTA futures rose after the explosion.
Domestic PP and PE prices increased in the Philippines April 2, 2019 (11:30)
A Philippines finished product manufacturer said domestic producers raised their domestic PP and PE offers by PHB1000 / ton (USD19 / ton) this week compared to the latest price.
Southeast Asia PP Market
The PP market is supported by low supply, strong crude oil prices in Southeast Asia
Overall Trends in Southeast Asia