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Thai distributor cuts PVC prices to the local market

by ChemOrbis Editorial Team - content@chemorbis.com
  • 15/10/2014 (10:49)
A distributor based in Thailand reported that they lowered their PVC prices to the local market by THB500/ton ($15/ton) to THB34500/ton ($1065/ton) FD Thailand, cash. “We lowered our offers in order to attract buying interest as demand is sluggish,” the distributor stated.

A compounder, meanwhile, reported that they were offered local PVC at THB34000/ton ($1050/ton) FD, cash. He commented, “PVC demand remains subdued in Thailand and we feel that the current offers are negotiable. We believe that we can obtain a THB500/ton discount if we decide to purchase more than 250 tons.” He added that they are not expecting to see any real improvement in their end product business before the end of the year.
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