A Thai trader revealed to SSESSMENTS.COM that a Thai PE producer has announced promotional prices to move cargoes. This week, the producer announced promotional prices for PE cargoes as could not manage to sell cargoes to the domestic market in the previous week following stiff resistance from buyers toward the offers. As noted, the latest offers from the producer softened by THB750/ton ($23/ton) for all PE grades. More added by the trader, the current offers are available for a minimum purchase of 225 tons. For customers who make any procurement less than 225 tons, offers will be higher by THB750/ton ($23/ton), the same as the previous week’s offer levels.
Click below to view related stories and content on PE:
DailySSESSMENTS: SEA PE Price 12th May 2020
NewsSSESSMENTS: Malaysian Producer Applied Various Pricing Strategies For June Shipment To Southeast Asian Countries
NewsSSESSMENTS: June Shipment PE Offers To Philippines, Vietnam Moved In Tandem
NewsSSESSMENTS: Thai PE Producer Announced Latest Offers To China, Adjustment Captured On Certain Grade
Local PE offers on cash, FD Thailand basis (excluding 7% VAT in all terms)
Origin | Product | Transaction Type | Offers (THB/ton) | Equivalent in USD/ton |
Thailand | HDPE Blow Moulding | Offer Received | 26,500 | 823 |
Thailand | HDPE Film | Offer Received | 26,500 | 823 |
Thailand | HDPE Injection | Offer Received | 26,500 | 823 |
Thailand | LDPE Film | Offer Received | 31,250 | 970 |
Thailand | LLDPE Film C4 | Offer Received | 26,500 | 823 |
Tags: Asia Pacific,English,News,PE,SEA,Thailand
Published on May 12, 2020 3:12 PM (GMT+8)
Last Updated on May 13, 2020 11:12 AM (GMT+8)