Locally-held PE prices move lower in Vietnam
by ChemOrbis Editorial Team - content@chemorbis.com
According to a trader operating in Vietnam, locally-held PE prices moved lower this week due to ample availability. The trader reported that they reduced their locally-held PE prices for Saudi origins to VND30,000,000/ton ($1232/ton without VAT) for LDPE film and to VND29,000,000/ton ($1191/ton) for LLDPE c4 film, both on an FD Vietnam, cash including VAT basis.
According to ChemOrbis Price Index, the current offer levels for locally-held PE are suggesting decreases of VND1,500,000-1,800,000/ton ($68-81/ton) for LDPE film and by VND1,000,000-1,500,000/ton ($45-68/ton) for LLDPE film on a week over week basis.
According to ChemOrbis Price Index, the current offer levels for locally-held PE are suggesting decreases of VND1,500,000-1,800,000/ton ($68-81/ton) for LDPE film and by VND1,000,000-1,500,000/ton ($45-68/ton) for LLDPE film on a week over week basis.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- March PE expectations in Turkey weighed by new capacities, cooling demand
- PP prices hit 4-year low in China as demand remains minimal
- Taiwanese major’s March PVC offers to Asia up despite virus fears
- Virus-impacted demand inflicts toll on Vietnam's PE market
- HDPE fails to track firmer trend of LD, LLDPE in Europe
- China’s ABS market on soft path dragged by subdued demand
- Softening trend prevails in SEA PP market as virus fears dampen sentiment
- Chinese producers cut PET offers further amid coronavirus outbreak
- Oil and petchem companies’ earnings hit by falling margins in 2019
- Will February PP hikes prove workable in Europe?
