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Thai PVC buyers: local prices announced higher for April

by ChemOrbis Editorial Team -
  • 01/04/2015 (10:42)
A compounder in Thailand reported that local PVC producers have announced their new prices for April with increases. According to him, producers implemented increases of around THB2000-3000/ton ($61-92/ton) on their new prices.

The converter stated that a local producer raised PVC prices by THB2000-3000/ton ($61-92/ton) to THB33000/ton FD Thailand, cash ($1015/ton) while another producer lifted their offers by THB2000/ton to THB32500/ton ($1000/ton) with the same terms. The buyer commented, “Demand for our end products has improved recently. We heard that a local producer is planning to shut their PVC plant for two weeks as they are not able to receive ethylene from their supplier. The producer will reportedly resume their offers after the Songkran festival in mid-April.”

A pipe manufacturer reported receiving new local prices from two different producers at THB32500/ton FD, cash ($1000/ton). “Producers have increased their new April prices by THB2000-2500/ton ($61-77/ton) from March,” he stated. The buyer confirmed that they also heard that a local producer will shut their plant. “April will be a shorter month due to the Songkran holiday, during which we will shut our factory for a week.”
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