Thursday, March 27, 2008


As market demand picked up, along with feedstock values, ABS prices in Asia strengthened to US$1820/MT in Asia in the week of March 24, 2008. Most offers for end of March shipment hovered around US$1850/MT CFR China level, with few offers from Taiwan peaking to US$1880/MT CFR. Sellers plan a price hike in line with high raw material costs and growing demand from non-Asian countries, despite lower buying interest from China.

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