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More Far East Asian ABS prices revealed in Turkey

by ChemOrbis Editorial Team -
  • 03/07/2015 (11:53)
In Turkey, import ABS prices from Far East Asian suppliers continue to be announced for July. After a South Korean producer revealed rollovers in late June and later conceded to give discounts on deals, two producers approached the market with drops, traders report.

A Taiwanese producer announced their July prices with $45/ton decreases from their most recent June levels. These offers now stand at $1630/ton for ABS natural and $1780/ton for ABS white, all CIF Turkey, subject to 6.5% customs duty, cash. “We did not negotiate with our supplier since we have comfortable stocks,” said a trader.

In addition, a South Korean producer issued $50/ton decreases, bringing their current ABS offers to $1700/ton for natural and $2000/ton for white grade, CIF Turkey, cash no duty.

A trader obtained $50-60/ton discounts from a different South Korean supplier and purchased some cargoes at $1700/ton for natural and $1940/ton for white grade with the same terms in late June.
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