Local market keeps firming in the short run since last two weeks. However, the cover demands from exporters could be eased a little bit due to Sep deliveries were done, and they would have another couple of weeks ahead for Oct covers. Additionally, some covers from Brazilian cheaper levels are on the way. Buyers are heading to a bear market whereas local sellers/farmers are holding tightly their stocks hoping market to be bullish.
Export prices today are ranging (subject to re-confirmation):
- VBP 500gl FAQ: 2400 USD/mt
- VBP 500gl Clean: 2600 USD/mt
- VBP 550gl FAQ: 2550 USD/mt
- VBP 550gl Clean: 2650 USD/mt
- VBP 570gl ASTA: 2700 USD/mt
- VBP 5mm Bold: 2850 USD/mt
- VWP DW Clean: 3800 USD/mt
Oct 2018 shipment subject to Seller's final confirmation.
Packing: 50kgs net per PP bag.
Your inquiries/counter-bids or market information exchanging, discussions are mostly welcomed anytime.
Please feel free to contact us.
Ngoi Nha Hat Vietnam Co., Ltd.