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SE Asian producer issues decreases on Jan PS prices

by ChemOrbis Editorial Team - content@chemorbis.com
  • 18/12/2014 (17:26)
A source from a Southeast Asian producer reported that they have implemented decreases on their January PS prices to regional markets. The source commented, “Demand remains sluggish and buyers are placing bids at even lower levels.”

The producer cut their import GPPS injection prices by $130-180/ton to $1200-1250/ton CIF SEA, cash and their HIPS injection prices by $120-140/ton to $1280-1300/ton with the same terms.

In Southeast Asia, import PS prices are currently standing at $1165-1260/ton for GPPS injection and at $1280-1300/ton for HIPS injection, all on a CIF SEA, cash equivalent basis.
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