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VIETNAM MARKET NEWS TODAY

19/09/2024

Last updated on 17:00PM - 10.12 2024

- CORN: CBOT (+), BASIS (-), CNF (+) around 250$/MT ship JFM, local offer delivery Dec: 6,450 vnd/kg delivery at Vung Tau Port (+50 vnd/kg last day), delivery Jan (+100 vnđ/kg), Feb (+150 vnđ/kg)

- SBM: CNF (-), 381$/MT ship JFM, local offer delivery Dec: 10,300 vnd/kg delivery at Vung Tau Port (-150 vnd/kg last week)

- WHEAT: CNF (-), 256$/MT ship JF, local offer delivery Dec: 6,900 vnd/kg delivery at Vung Tau Port (unchange vnd/kg last week), a little bid take better base on payment terms

- DDGS: CNF (-), 245$/MT ship Jan, local offer delivery Dec-Jan: 6,600 vnd/kg delivery at Cat Lai Port (unchange vnd/kg last week)

- PKE: CNF (-), a good position for buying now, local offer delivery Dec-Jan: 3,600 vnd/kg delivery at Long An Port

- MBM: this week local offer, delivery to Dong Nai: 13,400-13,500 vnd/kg, bid to take better prices

- Rice Bran: keep at low level due to weak demand, now firm at low level around 6,000vnd/kg at Mekong Delta belong to quality

- Wheat Bran: the offer prices: 5,200 vnđ/kg at Vung Tau factory, limited supply to Tet holiday so the price estimate firm to up

- Palm Oil: sharply increased, the current offer: 35,800đ/kg at HCMC, Long An port. Alternative by product Basa Catfish Refined Oil, the offer around 33,500đ/kg at Dong Thap factory

- Amino Acid: firm to up then China will reduce supply until Tet holiday

- Premix: Quarter 4 period, uptrend due to Vitamin prices are sharply increased then some big manufacturer in EU stopping production for maintenance schedule

- Tapioca Chip: new crop available from end Dec 2024, so now trader clear stocks to push out. the prices are reducing 5,400đ/kg at Tay Ninh warehouse for goods from last crop

 

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