A Thai trader informed SSESSMENTS.COM on receiving offers for HDPE and LLDPE cargoes from one of the local PE producers with downward adjustment for a particular purchasing volume. As of October 24, a Thai producer decided to adjust offers for HDPE Film and LLDPE Film C4 by THB1,000/ton ($33/ton) lower compared to last week. However, the current prices are only available for purchasing volume of 100 tons minimum. For LDPE Film, the offers were captured stable from last week.
Moreover, the trader stated to SSESSMENTS.COM that despite the prices have been adjusted further down, buyers’ response remains cold since most of the main players in Thailand are still in K-Fair and currently, the price levels are mainstream. Besides, the overall demand for PE in the country remains soft; hence, the trader experiences difficulties to move cargoes.
Tags: Asia Pacific,English,EN PE SEA NSS,NewsSSESSMENTS,Polyethylene (PE),Southeast Asia,Thailand PE Prices,Thailand PE pricesPublished on October 25, 2019 3:02 AM (GMT+8)
Last Updated on January 14, 2020 7:43 AM (GMT+8)