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Thai buyer: Local producer lifts PVC prices

by ChemOrbis Editorial Team -
  • 06/04/2016 (13:44)
According to a PVC pipe manufacturer in Thailand, a local producer implemented increases of THB2000/ton ($57/ton) on their local PVC prices, bringing their new offers to THB31000/ton ($883/ton) on an FD Thailand, cash basis.

The buyer cited availability concerns as the main reason behind the producer’s firmer prices, stating, “We are not in a hurry to secure cargoes at the moment as we have been gradually building stocks since the beginning of the year.”

Meanwhile, a distributor in the country reported that their domestic supplier has very limited availability nowadays. “We have no material to offer at the moment. We heard that our supplier is facing a technical issue at their plant, but we don’t have any further details regarding the subject,” said the distributor.
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