As market outlook continues to be pessimistic, CFR China ABS prices slipped to US$1200/MT, while GPPS dipped to US$700/MT. As lackluster market sentiments reign and unenthusiastic buying continues, most CFR China ABS offers from South Korea and Taiwan have dipped to US$1220/MT levels. Though few offers from select sellers were heard at US$1250/MT, majority of December shipment offers ranged about twenty five dollars lower.
CFR China GPPS offers from Taiwan for December shipment dropped to US$725/MT with deal concluded about 10-20 dollars lower, CFR China HIPS also sunk to hover around US$800-825.
04-Dec-08 
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