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Thai producer cuts PS, ABS and PP prices to SEA

by ChemOrbis Editorial Team -
  • 21/11/2014 (14:23)
A source from a Thai producer reported that they have implemented some decreases on their PS, ABS and PP prices to the Southeast Asian markets. The producer reduced their prices by $40/ton to $1500/ton for GPPS, to $1590-1610/ton for HIPS and to $1830-1870/ton for ABS, all on a CIF SEA, cash basis.

For PP, the producer also implemented decreases of $40/ton and $70/ton for homo-PP film and homo-PP raffia/injection, respectively. Their homo-PP raffia and injection offers are currently standing at $1520-1530/ton CIF SEA, cash while they are offering homo-PP film at $1570-1580/ton with the same terms.

The source said, “The market sentiment is yet to show a real improvement and we are receiving lower bids from our customers.”
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