Oct 05, 2025 6:07 a.m.

Morning Briefing - 02 Oct. 2025

Rochelle Nguyen CommoPlast Asia Sdn Bhd
The Indian PVC market entered October on a bearish note after a leading domestic producer slashed spot prices, citing subdued demand and ample supply.
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Morning Briefing

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02 October 2025

 

Brent: $65.35 (â $0.68

WTI: $61.78 (â $0.59)

 

 

www.commoplast.com     

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Another Malaysian Producer Holds October PE Prices Steady

Produsen kedua di Malaysia mengumumkan penawaran PE Oktober tidak berubah, menahan penurunan yang diputuskan oleh produsen domestik lainnya di awal minggu ini dan menekan pasar luar negeri. Partisipan pasar mengatakan harga produsen sudah berada di posisi range tengah, yang memberikan level competitive tanpa harus menurunkan harga. 

Sedangkan pembeli lokal diperkirakan akan menaikkan alokasi regular mereka, tetapi sentimen tetap berhati-hati. Perkembangan di antisipasi pada ketersediaan pasokan selama bulan Oktober yang membuat pembeli berjaga-jaga, dengan diskusi melihat pada harga spot domestik akan tertekan dalam penurunan di waktu dekat. 

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Indian Major Cuts Local PVC Prices, Setting a Weak Tone for October

The Indian PVC market entered October on a bearish note after a leading domestic producer slashed spot prices by INR 3,000/ton ($34/ton) from its previous levels, citing subdued demand and ample supply. Market participants said the move is expected to sustain pressure on overseas suppliers in the near term.

Industry sources also noted that the implementation of anti-dumping duties (ADD) is unlikely before the end of the 90-day window, which expires on 13 November. In the meantime, reports indicated that as much as 200,000 tons of imported PVC arrived in India during September, ensuring comfortable supply conditions in the domestic market.

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