In a bid to deal with rising feedstock costs that are beginning to affect the bottom line, Thailand's plastic processing industry is considering a 25% hike in price of finished products. As resin pricces have spiked by over 30% in about 4-5 months, the Thai plastic processing industry, mostly fragmented over smaller sized players, is facing losses from higher production costs.
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Tuesday, July 22, 2008
Plastic processors in Thailand mull 25% hike in price of finished products
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