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Distributor: local PP, PE prices move higher in Thailand

by ChemOrbis Editorial Team -
  • 03/03/2015 (17:27)
A distributor based in Thailand reported that local producers have implemented increases on their PP and PE prices to the domestic market at the start of the week.

The distributor stated that a local producer raised their PP prices by THB1500/ton ($46/ton) to THB43500/ton FD, cash ($1344/ton) for homo-PP injection and raffia and to THB44000/ton ($1360/ton) for homo-PP film with the same terms. He also reported that another local producer has implemented increases of THB500/ton ($15/ton) on their PE offers, bringing their new prices to THB43000/ton FD, cash ($1329/ton) for LDPE and LLDPE film as well as HDPE film, blow moulding and injection.

He commented, “Overall demand is improving and we are feeling quite bullish regarding the near term outlook.”
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