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Local PET prices move lower in Thailand: buyer

by ChemOrbis Editorial Team - content@chemorbis.com
  • 05/06/2015 (15:34)
A bottle manufacturer in Thailand reported that local PET prices retreated this week due to slowing demand ahead of the rainy season. According to the buyer, local PET prices decreased by around THB1000/ton ($30/ton) when compared to two weeks ago.

The converter reported purchasing some domestic PET at THB39000/ton ($1167/ton) on an FD Thailand, cash basis. “Supply levels are sufficient while the approaching rainy season is hindering demand. We expect to see further reductions in the days ahead,” he commented.

In Thailand, locally-held PET bottle offers currently stand at THB38000-39000/ton FD Thailand, cash equivalent basis ($1138-1167/ton).
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