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Trader: Taiwanese producer lowers PS, ABS prices to SEA

by ChemOrbis Editorial Team -
  • 24/09/2015 (16:46)
According to a trader offering on behalf of a Taiwanese producer, their supplier lowered their prices for PS and ABS by $10/ton to Southeast Asia this week, bringing their new offers to $1120/ton for GPPS, $1160/ton for HIPS and $1300/ton for ABS, all on a CIF, cash basis.

“We think prices are likely to show less severe fluctuations over the short term and we hope that more stable pricing will help entice buyers back to the market,” the trader commented.

Import prices currently stand at $1120-1130/ton for GPPS, at $1160/ton for HIPS and at $1300-1360/ton for ABS, all on a CIF SEA, cash equivalent basis.
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