Friday, December 05, 2008

ABS and PS prices continue to fall in Asia amid a bearish market

As market outlook continues to be pessimistic, CFR China ABS prices slipped to US$1200/MT, while GPPS dipped to US$700/MT. As lackluster market sentiments reign and unenthusiastic buying continues, moost CFR China ABS offers from South Korea and Taiwan have dipped to US$1220/MT levels.

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