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SE Asian producer lowers PS prices to regional markets

by ChemOrbis Editorial Team -
  • 09/10/2015 (13:45)
A source from a Southeast Asian producer reported that they reduced their import PS prices to the regional markets by $40/ton for GPPS and $30/ton for HIPS.

“Demand remains sluggish and we decided to implement decreases on our prices in order to conclude more deals now and avoid giving larger discounts later,” the source commented.

The producer’s PS prices currently stand at $1080/ton for GPPS and at $1160/ton for HIPS, both on a CIF Southeast Asia, cash basis.
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