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Thai producer lowers PP, HDPE, PS and ABS prices to SEA

by ChemOrbis Editorial Team -
  • 04/12/2014 (12:29)
A Thai producer has announced new prices for PP, HDPE pipe (PE100), PS and ABS with decreases to the regional market. The producer lowered their prices by $30-40/ton for homo-PP injection and raffia, $50/ton for GPPS, $50-60/ton for PP film, $50-70/ton for HDPE pipe (PE100), $60-80/ton for HIPS and by $80-100/ton for ABS.

On a CIF SEA, cash basis, the producer’s new prices come to $1490/ton for homo-PP injection and raffia, $1520/ton for PP film, $1570/ton for HDPE pipe (PE100), $1450/ton for GPPS, $1530/ton for HIPS and at $1750-1770/ton for ABS.

“We implemented a comparatively larger decrease on ABS compared with other products as it is currently a slow season for many ABS applications. Polymer prices are general are softening in line with slumping upstream costs and most buyers are keeping to the sidelines these days,” a producer source stated.
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