The worry about the new ordination restricts trading activities

Vietnam is returning in a high alarm state after the new cases were confirmed over the weekend in the third largest city of Da Nang.. Start from the date 28 July, All flights inside and outside Da Nang have been suspended 15 day. Social dispersion rules have begun to be reset and all the non -essential services have been closed.

Although the authorities say that it is not the complete style of the divestment so far and the purchase activity has decreased..

Buyer's resistance makes way for the silence in the PP market, PE

The price of PP and PE imported in Vietnam has tracked the trend of increasing since the end of April. This week, The uptrend has slowed down when the buyer strongly resisted the consecutive price increase for the silence between the outbreak of Covid-19..

According to data from the price index of chemorbis, The price of polyolefin on the basis of CIF Vietnam has recovered the reductions during the market attack period.

Right from the beginning of the trend of increasing, Buyers in Vietnam have resisted the increase prices, complaining that they cannot overcome the stable price increase of polymer prices for end users. This week, They are not even on the market or set access bids. Demand has decreased between concerns about the second wave, Some sellers explain.

A PE converter has noted, We have no plans to make any new purchase transactions at this time because we are worried about the outbreak of the virus., This can make Phong soon.

Local PVC buyers are reluctant to accept the higher August price

In the PVC market of the country, A domestic manufacturer announced the price of August PVC with an increase from July, According to a major Taiwanese manufacturer, the USD20 increase for its new offers to Asia market two weeks ago..

Vietnamese manufacturer has raised the price of PVC K67 in the locality to USD30-56/ton.

Source from the manufacturer commented, The online buyer does not want to accept our new price because they are said to be too high. Demand in the domestic market is weak due to the rainy season and concerns about the second CIVI-19 infection. Therefore, We think that the tank is difficult to continue in the future.