Import prices in Vietnam rose during the week to Friday June 18 despite weak demand from end users, sources told Fastmarkets.
Higher offers forJapanese bulk cargoes after the recent Kanto Tetsugen auction supported higherimport prices, sources said. A transaction for a bulk Japanese H2 was concludedat $500 per tonne cfr Vietnam in the week to June 18, against offersat $500-510 per tonne cfr Vietnam and at $510-520 per tonne cfr Vietnam inthe week, sources said."[The transaction] is a little high, butreasonable," a buyer in Vietnam told Fastmarkets.Vietnamese buyers were heard to have booked abarge-shipment HMS 1&2 (80:20) cargo from Southeast Asia at $500-505 pertonne cfr Vietnam, although this could not be confirmed by contractualcounter-parties.Sources also estimated that Shindachi Bara pricesin Vietnam...