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Local PVC deals for May concluded with rollovers in Vietnam

by ChemOrbis Editorial Team - content@chemorbis.com
  • 06/05/2015 (16:58)
Buyers in Vietnam report that they have purchased local PVC for May with rollovers from April. A pipe manufacturer reported concluding some local PVC deals at VND20,000,000/ton on an FD Vietnam, cash basis ($926/ton). “We see good demand for our end products while we are running our plant at increased rates. We purchased some PVC for May at stable levels compared to April. However, we think that prices might step back a bit in the days ahead,” he stated.

A PVC compounder also stated that they purchased some local PVC with a rollover from April at VND20,200,000-20,300,000/ton FD, cash ($935-940/ton). The buyer commented, “Demand for our end products is regular. We are planning to adopt a cautious stance as we feel that prices do not have room to post further increases in the near term.”
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