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Taiwanese ABS prices post additional discounts in Turkey

by ChemOrbis Editorial Team -
  • 06/10/2015 (13:28)
Far East Asian ABS offers were revealed with notable drops for October in Turkey. South Korean and Taiwanese suppliers offered monthly decreases given weak spot styrene costs in Asia. This week, a trader received additional discounts from his Taiwanese supplier.

Currently, Taiwanese offers stand at $1335/ton for ABS natural and at $1485/ton for ABS white, CIF Turkey, subject to 6.5% customs duty, cash. These levels indicate further discounts of $15/ton on top of the initial $65/ton reductions for this origin.

Following initial announcements for this month, traders found it risky to replace much stock at the current offer levels, saying that they would negotiate with their suppliers to obtain more competitive prices.
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