Southeast Asia · VN · Ho Chi Minh mill-delivered
Vietnam
A base-grade ICE bale in Vietnam is $464.64 — +11.0% versus the US nearby.
Bale
$464.64
217.7 kg net
Cents per pound
96.8 ¢
SLM 1-1/16″ equivalent
vs ICE
+11.0%
Rank 12 of 41
Bales per $1,000
2.15
US buys 2.39
Local quote
- Currency
- VND · dong
- FX / USD
- 26,150 VND
- Per kilogram
- 55,805.99 VND
- Per bale
- 12,150,336 VND
- Implied PPP
- 29,015.589 VND / USD
- Market FX
- 26,150.000 VND / USD
The implied PPP rate is richer than the market rate — dong looks overvalued on a cotton basket.
The physical
- Role
- Import mill
- Production
- 1K bales
- Mill use
- 7.2M bales
- Source
- Ho Chi Minh mill-delivered
- Tier
- mill
World's fastest-growing spinner. Entirely import-dependent; US, Brazilian and West African growths set the mill.