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Taiwanese ABS producer lowers prices to Turkey

by ChemOrbis Editorial Team -
  • 06/05/2016 (10:27)
A trader in Turkey reported receiving slightly lower ABS prices from his Taiwanese supplier. Accordingly, the supplier’s most recent offers stood at $1435/ton for ABS natural and $1585/ton for ABS white, all on CIF Turkey, subject to 6.5% customs duty, cash. These prices suggested $15/ton drops compared to the previous levels from the same supplier.

“We are not planning to replace material anytime soon taking generally sluggish demand for ABS in Turkey into account,” the trader stated. Modest discounts were attributed to lower spot styrene prices in Asia when compared to early April.

Although styrene costs were pretty much steady week over week on an FOB South Korea basis, they indicated a drop of around $50/ton with respect to early April.
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