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...
- Tightness shapes expectations for Sept PVC pricing in Asia
- PP uptrend falters in Indonesia amid downstream resistance
- Will European PE market sustain uptrend following higher ethylene?
- COVID-19 resurgence weighs on polymer sentiment in Vietnam
- Stats: Turkey’s H1 polymer imports defy pandemic, hit all-time high
- Stats: China’s total PP, PE imports set a new record in H1 2020
- Lackluster demand outweighs tightness in Asian ABS markets
- Will costs drum up support for a 3rd-month-firming in Europe PET market?
- Import PE markets give softening signals in China, SE Asia
- PVC supplies tight, demand robust across Europe