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Southeast Asian producer raises HIPS prices to regional markets

by ChemOrbis Editorial Team -
  • 09/01/2017 (16:10)
A source from a Southeast Asian producer reported that they applied increases on their HIPS offers to regional markets on the back of the firmer styrene prices.

The producer increased its offers by $50/ton when compared to last week; bringing their new HIPS injection offers to $1470/ton CIF SEA, cash basis.

Meanwhile, the producer’s local offers are standing at MYR6615/ton ($1472/ton) for HIPS injection, all on an FD Malaysia, cash basis.
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