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Thai producer steps back on HDPE prices to Vietnam

by ChemOrbis Editorial Team - content@chemorbis.com
  • 15/05/2015 (11:11)
A source from a Thai producer reported that they have revised their HDPE prices downward by $20-60/ton to Vietnam when compared to the beginning of the week. The source blamed disappointing demand for their adjustment.

The producer is currently offering HDPE film and blow moulding at $1410-1450/ton and HDPE injection at $1410/ton, all on a CIF Vietnam, cash basis.

Meanwhile, a Vietnamese trader reported that they received an HDPE film offer from the producer with a reduction of $60/ton at $1410/ton CIF, cash. “We even heard that some deals were concluded at $1400/ton CIF. The market is likely to change direction soon and we are not planning to replenish our stocks in the near term,” he commented.

In Vietnam, overall import HDPE prices currently stand at $1390-1470/ton for film and at $1410-1470/ton for blow moulding and injection, all on a CIF Vietnam, cash equivalent basis.
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