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Vietnamese PVC producer announces local prices for Sept

by ChemOrbis Editorial Team -
  • 26/08/2015 (14:21)
A source from a Vietnamese producer reported that they announced their September PVC prices to the domestic market with a decrease from August. The producer cut the lower end of their August price range by VND300,000/ton ($9/ton), brining their new September offers to VND19,200,000-19,500,000/ton ($871-885/ton) on an FD Vietnam, cash basis.

The source commented, “Buyers are still waiting to see additional decreases due to the depreciating local currency, the Vietnamese Dong, against the US dollar, which is hampering buying interest. We are operating our plant at full rates at the moment and we are planning to allocate a small amount of around 1,000 tons as an export quota to India for September. However, we have not determined the price level yet.”
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