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Local PVC prices move higher for May in Thailand

by ChemOrbis Editorial Team -
  • 07/05/2015 (18:18)
Players in Thailand report that local PVC prices for May have been announced with increases of around THB500-1000/ton ($15-30/ton) from April.

A compounder reported receiving May PVC prices from a local producer at THB33000-33500/ton FD Thailand, cash ($1024-1039/ton). He commented, “The supplier is open to negotiation for their new prices. Demand for our end products is not strong. We hope that prices will shift direction next month in line with the recent reductions in spot ethylene costs.”

Meanwhile, a distributor reported that a local producer revealed their May PVC prices at THB32500/ton FD, cash ($1008/ton). The trader reported that these new offers are seeing some resistance from buyers.
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