02 June 2011 07:49 [Source: ICIS news]
SINGAPORE (ICIS)--Thailand’s octene-based metallocene linear low-density polyethylene (MLLDPE) prices have fallen by about 7% in the domestic market as a local supplier reduced its offers to attract buying interest, local distributors said on Thursday.
Octene-based MLLDPE from Siam Polyethylene was offered at Thai baht (Bt) 53.00-53.50/kg ($1.75-1.77/kg) for June delivery, Bt4/kg or about 7% lower from offers in May, the distributors said.
Siam Polyethylene is the sole producer of octene-based MLLDPE in ?xml:namespace>
Thai buyers are delaying their purchases because they are expecting regional resin prices to fall in response to the weak demand in the key
“Thai buyers are more cautious when
($1 = Bt30.31)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|