Vietnam’s PE market kicked off September on a noticeably firmer footing following the National Day holidays, with suppliers across domestic and seaborne import channels completely clearing allocations despite elevated price tags.
Despite the loss of upward paper momentum, Shenhua Baotou Coal Chemical Co.maintained solid sales across core commodity grades, concluding the session with an aggregate clearance rate of 90.4% as converters continued to capitalise on competitive auction thresholds relative to firmer local distribution offers.
| PP | LLDPE | PVC | |
|---|---|---|---|
| Close (CNY/ton) | 8,448 -129 | 8,240 -93 | 4,867 -34 |
| Close (USD/ton) | 1,118 -19 | 1,085 -14 | 641 -5 |
| Volume | 604,492 +10731 | 436,971 +6541 | 1,043,749 -4964 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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| PX | PTA | MEG | |
|---|---|---|---|
| Close (CNY/ton) | 8,696 -120 | 5,942 -98 | 4,861 -217 |
| Close (USD/ton) | 1,145 -18 | 783 -15 | 640 -32 |
| Volume | 163,087 -1062 | 1,049,531 +46715 | 201,119 -3619 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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