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Taiwanese producer lifts HIPS prices to Asia

by ChemOrbis Editorial Team - content@chemorbis.com
  • 30/03/2016 (09:25)
A source from a Taiwanese producer reported that they increased their HIPS prices by $30/ton to China and Southeast Asia today while keeping their GPPS offers stable. The producer’s PS prices currently stand at $1300/ton for GPPS and at $1330/ton for HIPS, both on a CIF SEA/CFR China, cash basis.

The source commented, “We lifted our HIPS prices in order to examine the market response while our GPPS offers are stable as we have already sold out our quotas. Meanwhile, we are open to negotiations for our current HIPS offers.”
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