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Taiwanese producer raises ABS, HIPS prices to China

by ChemOrbis Editorial Team -
  • 18/10/2016 (15:35)
A trader based in China reported that a Taiwanese producer raised their ABS and HIPS prices to China by $30/ton and $20/ton respectively while their GPPS prices remained unchanged in comparison to last week’s offers. These increases are in line with the firming feedstock costs, particularly butadiene prices which are up by $75/ton from a week earlier to reach $1640/ton CFR China.

According to the trader, the producer currently offers ABS injection at $1490/ton, HIPS injection at $1260/ton and GPPS injection at $1200/ton, all on a CIF China/Hong Kong, cash basis.
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