Taiwanese producer lifts PS, ABS prices to SE Asia
The agent stated, “The market is quite stagnant due to the approaching Chinese New Year holidays. Demand for HIPS is weaker than GPPS in the face of competitively priced South Korean ABS offers in the market.”
In Southeast Asia, import PS prices currently reported at $1060/ton for GPPS, at $1090-1120/ton for HIPS and at $1160/ton for ABS, all on a CIF SEA, cash equivalent basis.
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