ABS prices plunge in Asia with another plunge in feedstock butadiene values

11-Dec-08
Butadiene prices in Asia that have plunged this week, have tanked upstream ABS prices by over 70 dollars. December offers from Taiwan and South Korea are being heard at US$1140/MT CFR China. After a few deals have been concluded marginally lower, CFR China buying intentions have been down revised by 25-30 dollars.
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