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Vietnamese converter buys local PVC with a discount

by ChemOrbis Editorial Team -
  • 29/01/2015 (12:10)
A converter in Vietnam reported that they purchased some PVC from a local supplier with a discount of VND200,000/ton ($9/ton) at VND18,300,000/ton FD Vietnam, cash ($869/ton).

He stated, “Demand for our end product is not strong while energy prices are still weak. Hence, we are not making purchases beyond our immediate needs.” The buyer added that they also made a small purchase for Japanese PVC at $820/ton CIF Vietnam, cash.

Import PVC prices currently stand at $780-830/ton CIF SEA, cash equivalent basis while local prices in Vietnam are quoted at VND18,300,000-18,800,000/ton FD, cash equivalent ($869-892/ton).
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