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Price for Shortening in Vietnam

Get price analysis and market insights for Vietnam Shortening with Tridge.

Export prices of Shortening in Vietnam

Historical export price trends

The export price of Shortening from Vietnam has demonstrated stability over the last two years, indicating a consistent market trend. In 2023, export prices for Vietnam Shortening ranged from $1.02 USD per kg to $1.40 USD per kg. By 2024, the export price remained steady between $1.04 and $1.36 USD per kg, reflecting a balanced supply and demand in the Vietnam Shortening export market.
Year
Year
Low price, USD/kg
Low price, USD/kg
Low price, USD/lb
Low price, USD/lb
High price, USD/kg
High price, USD/kg
High price, USD/lb
High price, USD/lb
2024
$1.04/kg
$0.47/lb
$1.36/kg
$0.62/lb
2023
$1.02/kg
$0.46/lb
$1.40/kg
$0.64/lb
2022
$1.32/kg
$0.60/lb
$1.40/kg
$0.64/lb

Recent export records

On 2024-12-31, Shortening reported as "Satellite Shortening (16 Kg/carton. 180 cartons)#&VN" was exported by a company in Vietnam to a company in Cambodia.
See the table below for more recent transactions.
Date
Date
Unit price
Unit price
Reported product name
Reported product name
Exporter
Exporter
Origin
Origin
Importer
Importer
Destination
Destination
2024-12-31
$000/kg
Satellite Shortening (16 Kg/carton. 180 cartons)#&VN
Company name
Vietnam
Company name
Cambodia
2024-12-22
$000/kg
Meizan premium margarine (16 kg/carton. 250 cartons)#&VN
Company name
Vietnam
Company name
Cambodia
2024-10-26
$000/kg
'Shortening 25kg (White butter) to create fat for Satellite brand cakes (40 boxes, net weight 25 kg/box, gross weight 25.1 kg/box)#&VN
Company name
Vietnam
Company name
Laos
To access detailed information, including unit prices and company names, get full access to our Transaction Data.

Import prices of Shortening in Vietnam

Historical import price trends

The import price of Shortening to Vietnam has been declining in recent years due to shifting market conditions. In 2023, import prices ranged from $0.99 USD per kg to $4.01 USD per kg. By 2024, prices had dropped to a new range of $0.90 to $2.89 USD per kg, reflecting changes in demand or supply for Shortening in Vietnam.
Year
Year
Low price, USD/kg
Low price, USD/kg
Low price, USD/lb
Low price, USD/lb
High price, USD/kg
High price, USD/kg
High price, USD/lb
High price, USD/lb
2024
$0.90/kg
$0.41/lb
$2.89/kg
$1.31/lb
2023
$0.99/kg
$0.45/lb
$4.01/kg
$1.82/lb

Recent import records

On 2024-12-28, Shortening reported as “SHORTENING OIL RED ROSE 48-50 (20kg/barrel; maximum standard index: color 3.0 Red, fatty acid content 0.1%, moisture 0.1%; melting point from 48-50 degrees Celsius). Raw materials used in instant noodle production” was imported by a company in Vietnam from a company in Indonesia.
See the table below for more recent transactions.
Date
Date
Unit price
Unit price
Reported product name
Reported product name
Exporter
Exporter
Origin
Origin
Importer
Importer
Destination
Destination
2024-12-28
$000/kg
SHORTENING OIL RED ROSE 48-50 (20kg/barrel; maximum standard index: color 3.0 Red, fatty acid content 0.1%, moisture 0.1%; melting point from 48-50 degrees Celsius). Raw materials used in instant noodle production
Company name
Indonesia
Company name
Vietnam
2024-12-17
$000/kg
SHORTENING OIL RED ROSE 48-50 (20kg/barrel; maximum standard index: color 3.0 Red, fatty acid content 0.1%, moisture 0.1%; melting point from 48-50 degrees Celsius). Raw materials used in instant noodle production
Company name
Indonesia
Company name
Vietnam
2024-12-17
$000/kg
SHORTENING OIL RED ROSE 48-50 (20kg/barrel; maximum standard index: color 3.0 Red, fatty acid content 0.1%, moisture 0.1%; melting point from 48-50 degrees Celsius). Raw materials used in instant noodle production
Company name
Indonesia
Company name
Vietnam
To access detailed information, including unit prices and company names, get full access to our Transaction Data.

FAQ for Shortening price in Vietnam

Where does Tridge source its price data?
Tridge gathers price data from over 400 trusted global sources, including government public sources, producers, traders, and local industry experts. We ensure data accuracy through both human oversight and cutting-edge AI technology, which helps manage missing values, detect outliers, and standardize currency and units.
How are the low and high prices for Vietnam Shortening calculated?
The low and high prices are calculated from Vietnam data for Shortening during the selected period, showing the typical price range after excluding outliers. Please note that trends may differ when analyzed in more detail, such as by product variety, company, or specific timeframes.
How much transaction data is there for Shortening in Vietnam in Tridge?
We have 1004 transaction records for Shortening in Vietnam. Visit our About Transaction Data page to explore its features.

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