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Local PVC prices move higher in Thailand

by ChemOrbis Editorial Team - content@chemorbis.com
  • 11/05/2016 (10:55)
A distributor in Thailand reported that a local producer implemented increases on their new PVC prices to the domestic market. According to him, the producer raised their May PVC prices by THB1000-1500/ton ($28-43/ton) when compared to their April levels.

“We attribute the producer’s hike decision to their availability issues, although we hear that the producer’s availability will be more comfortable this month. We think that demand will be slower in the near term due to the rainy season. Hence, prices are likely to witness some downward movements in the coming weeks,” the distributor commented.

The local producer’s new PVC prices stand at THB33000/ton ($940/ton) on an FD Thailand, cash basis.
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