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NewsSSESSMENTS: Vietnamese Converter Nixing Latest Import PET Bottle Offers


As told to SSESSMENTS.COM, a Vietnamese converter nixing the latest import PET Bottle offers received this week. PET Bottle cargoes of Indonesia and Thailand origin are pegged by a regional producer at $755-760/ton, up by $20/ton from last week’s levels. Meanwhile, the offers for PET Bottle cargoes from China stands at $730-735/ton. All offers are on LC at sight, CIF Vietnam Port Basis.

The converter informed that they would not take the cargoes since already purchased some volume when the price was still at $725/ton-level, and their raw material is sufficient now. The converter then told SSESSMENTS.COM that import PET Bottle prices will remain on an upward trajectory in line with the feedstock price movements.

Click below to view related stories and content on Vietnam PET market:

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Import PET Bottle offers on LC at sight, CIF basis

OriginTransaction TypeOffers (USD/ton)Delivery Location
ChinaOffer Received735Ho Chi Minh
ChinaOffer Received730Haiphong
IndonesiaOffer Received755Ho Chi Minh
IndonesiaOffer Received760Haiphong
ThailandOffer Received755Ho Chi Minh
ThailandOffer Received760Haiphong

Tags: Asia Pacific,English,News,PET,SEA,Vietnam

Published on May 26, 2020 12:36 PM (GMT+8)
Last Updated on May 26, 2020 12:36 PM (GMT+8)