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S. Korean producer sells ABS below their offer levels to China

by ChemOrbis Editorial Team - content@chemorbis.com
  • 16/11/2015 (17:04)
A source from a South Korean producer reported that they concluded some ABS deals below their offer levels to China at $1200/ton on a CFR, cash basis. The source stated that their initial ABS offers to the country stood at $1250/ton on a CFR, cash basis.

“Buyers are not willing to replenish nowadays and they are not purchasing beyond their needs,” he said.

Import ABS prices currently stand at $1150-1270/ton CFR China, cash equivalent basis.
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