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NewsSSESSMENTS: Thai PE Producer Announces Promotional Prices To Move Cargoes

Author: SSESSMENTS

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.

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Local PE offers on cash, FD Thailand basis (excluding 7% VAT in all terms)

OriginProductTransaction TypeOffers (THB/ton)Equivalent in USD/ton
ThailandHDPE Blow MouldingOffer Received26,500823
ThailandHDPE FilmOffer Received26,500823
ThailandHDPE InjectionOffer Received26,500823
ThailandLDPE FilmOffer Received31,250970
ThailandLLDPE Film C4Offer Received26,500823

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)