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NewsSSESSMENTS: Market Loses Steam, Indonesian Trader Adjusts Import ABS, PS Offers Up To Three-Digit Level

Author: SSESSMENTS

As the market loses steam, an Indonesian trader adjusted down import ABS and PS offers up to three-digit level this week. As reported to SSESSMENTS.COM, the trader trimmed offers for import GPPS Injection and HIPS Injection cargoes of South Korea origin by $120/ton and $80/ton respectively from last week. Meanwhile, the downward adjustment on import ABS Injection of the same origin is bigger, by $150/ton as compared to the same period. At the time of publication, no deals concluded yet. 

Import PS and ABS offers on LC at sight, CIF Indonesia Main Port Basis

OriginProductTransaction TypeOffers (USD/ton)Changes From Last Week
South KoreaABS InjectionOffer Given1,100-150
South KoreaGPPS InjectionOffer Given860-120
South KoreaHIPS InjectionOffer Given1,000-80

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

Published on April 7, 2020 1:42 PM (GMT+8)
Last Updated on April 7, 2020 1:42 PM (GMT+8)