VIETNAM PE PLASTIC PRICE SITUATION ON January 19, 2022

VIETNAM PE PLASTIC PRICE SITUATION ON January 19, 2022

On January 19, 2022, the offer price of HDPE blown film and LLDPE C$ blown film imported into Vietnam both increased, the price is considered attractive and feasible.

A Vietnamese trader said that domestic operations were halted before the Lunar New Year. Most of the final manufacturers of plastic products have halted production as the holiday mood kicks in. will continue next week. In terms of price, the import offer price for LLDPE C$ blown film from Saudi Arabia into Vietnam market increased by 20-30 USD/ton from last month, at 1,270-1280 USD/ton. During the same period, the offer price of HDPE blown film of the same origin increased by $30/ton, at $1,250/ton. According to the trader, such a price is attractive and feasible for the Vietnamese PE market. Therefore, the trader expects to get the trade at the initial bids.

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