Taiwanese producer lifts ABS offers to China, keeps PS stable
by ChemOrbis Editorial Team - content@chemorbis.com
According to a trader operating in Hong Kong, a Taiwanese producer elected to apply an increase of $40/ton on its ABS offers to China while keeping its PS prices stable from last week.
“The producer raised its offers for ABS due to reducing supplies while their PS allocations are normal. They are open to give a discount of $20/ton on ABS done deals, though,” the trader noted.
The producer’s offers currently stand at $1820/ton for ABS, at $1380/ton for HIPS and at $1280/ton for GPPS, all on CIF China, Hong Kong, cash basis.
“The producer raised its offers for ABS due to reducing supplies while their PS allocations are normal. They are open to give a discount of $20/ton on ABS done deals, though,” the trader noted.
The producer’s offers currently stand at $1820/ton for ABS, at $1380/ton for HIPS and at $1280/ton for GPPS, all on CIF China, Hong Kong, cash basis.
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