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Taiwanese producer cuts PS prices to SE Asia

by ChemOrbis Editorial Team -
  • 11/12/2015 (11:29)
A trader offering on behalf of a Taiwanese producer reported that their supplier implemented a decrease of $10/ton on their PS prices to Southeast Asia, bringing their new offers to $1050/ton for GPPS and $1100/ton for HIPS, both on a CIF SEA, cash basis. According to the trader, the supplier maintained their ABS offer at $1160/ton with the same terms.

“Despite lower levels, buyers are still pushing sellers for additional decreases,” the trader commented.

In Southeast Asia, overall import prices currently stand at $1050-1080/ton for GPPS, at $1100-1120/ton for HIPS and at $1150-1170/ton for ABS, all on a CIF SEA, cash equivalent basis.
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