Taiwanese ABS posts new decreases for May in Turkey
by ChemOrbis Editorial Team - content@chemorbis.com
Traders in Turkey have received lower prices from a Taiwanese ABS producer recently. The producer adjusted its prices down by $40/ton, upon which the seller’s total decrease amount reached $90/ton for May.
The Taiwanese producer’s latest offers are standing at $1730/ton for ABS natural and $1880/ton for ABS white, both CIF Turkey, subject to 6.5% customs duty, cash. “The additional May drops from our supplier did not surprise us considering plummeting styrene and butadiene costs in Asia compared to the start of this month,” noted a trader.
The Taiwanese producer’s latest offers are standing at $1730/ton for ABS natural and $1880/ton for ABS white, both CIF Turkey, subject to 6.5% customs duty, cash. “The additional May drops from our supplier did not surprise us considering plummeting styrene and butadiene costs in Asia compared to the start of this month,” noted a trader.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- PVC prices hit three-month lows in Türkiye, what lies ahead?
- Yuan strengthens further against USD; how will China’s petchem exports be affected?
- Asian PVC players expect September price cuts from a Taiwanese major
- PP prices fall to year-to-date lows in Vietnam
- Stats: S. Korea’s H1 PE exports reach all-time high; surging sales to Vietnam shine
- Slack demand looms over sellers’ rollover targets in Türkiye’s PE market
- Chinese ethylene-based PVC export offers break below $700 for first time in 20 months
- India’s import PP and PE markets fall as monsoon strengthens
- LyondellBasell details plan to review European assets: More plant closures ahead in Europe
- PPH-propylene delta hits 9-month low in China
