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Taiwanese producer reduces PS prices to SE Asia

by ChemOrbis Editorial Team -
  • 05/08/2015 (15:03)
A source from a Taiwanese producer reported that they cut their import PS prices to Southeast Asia by $50/ton for GPPS and by $40/ton for HIPS when compared to their most recent July levels.

“Demand remains slow while declining feedstock costs are weighing down prices. We are operating our plant at 60% of capacity at the moment and we hope that demand will improve in September,” the source commented.

The producer’s PS prices currently stand at $1310/ton for GPPS and at $1380/ton for HIPS, both on a CIF SEA, cash basis.
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