Wednesday, April 09, 2008

ABS

ABS prices in Asia stagnated at US$1820/MT amid restrained demand from Chinese buyers in the week of April 6, 2008. Higher feedstock costs continue to push South Korean and Taiwanese offers for April shipment up to US$1875/MT CFR. However, broad buying interest ranged no higher than USD1810/MT CFR CMP for 1H of April shipment.

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