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NewsSSESSMENTS: Indonesian Trader Applied Whopping Adjustment On ABS Prices From South Korea

Author: SSESSMENTS

An Indonesian trader revealed to SSESSMENTS.COM on making a whopping adjustment on ABS Injection prices from South Korea. As reported, import offers for ABS Injection of South Korea origin emerged with a significant increase of $150/ton as compared to last week, currently stands at $1,400/ton on LC at sight, CIF Indonesia main port basis. While for GPPS Injection and HIPS Injection, the trader does not have offers for this week taking into account sluggish demand in the country. The upsurge on ABS Injection prices from the trader was triggered by the uptrend in SM prices. More added, buyers’ responses are indifferent towards the latest ABS Injection offers; no bids received to date.

Import ABS Injection offers on LC at sight, CIF Indonesia Maint Port basis

OriginProductTransaction TypeOffers (USD/ton)
South KoreaABS InjectionOffer Given1,400

Tags: Asia Pacific,English,Indonesia,Korea,NEA,News,SEA,Styrenics

Published on June 9, 2020 5:18 PM (GMT+8)
Last Updated on June 9, 2020 5:18 PM (GMT+8)