Thailand’s economic growth falls in Q2
After a military government started to rule the country in 2014, the country’s economy has increased slightly due to government spending and tourism. Data released by NESDB reveals that Thailand’s GDP growth in the second quarter increased 3.5% on a yearly basis while seasonally adjusted growth on a quarterly basis was 0.8%, falling from the first quarter’s 1%.
Economists comment that the bomb attacks which occurred in the south of the country last week might be a sign of a new violent phase of the ongoing political instability in Thailand.
More free plastics newsPlastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...
- Asian PVC sees V-shaped recovery in Q2, what will Q3 bring?
- Will capacity additions cast cloud on ethylene upsurge in Asia?
- US PVC offers in Egypt rise steadily but resistance grows in tandem
- PE buyers’ resistance grows in SEA; duty-free origins more competitive than Mid-East
- Polymer demand cools in Turkey: Is price correction ahead for PP, PE and PVC?
- China’s rising PET trend takes a pause, but longer-term outlook remains firm
- Uptrend in China’s import PP market continues but cautious mood returns
- Hikes in Asia July PVC offers baffle some buyers, further rally under discussion
- Optimism is rising on resurgent demand in European polymer markets
- European PVC producers ungenerous in Turkey: Prices up 21% in a month