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European PS, ABS offers for Dec follow feedstocks lower in Turkey

by ChemOrbis Editorial Team -
  • 05/12/2018 (09:18)
Players in Turkey reported to have received PS and ABS prices from Europe for December, while the latest levels reflected a part of the remarkable drops in monomer contracts in the region.

The downstream decreases ranged between €90-120/ton ($102-136/ton with the recent parity) when compared to early November.

A West European major issued €90-100/ton ($102-113/ton) drops for PS, bringing its latest list prices to €1130/ton ($1279/ton) for GPPS and €1200/ton ($1358/ton) for HIPS, CIF Turkey, cash no duty. The seller’s recent ABS natural injection offers stood at €1470/ton ($1664/ton) with the same terms, down by €120/ton ($136/ton) month over month.

“Our supplier partially reflected the falls in December styrene and butadiene contracts,” affirmed an agent offering on the behalf of the European producer.
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