ABS offered at high levels despite falling SM prices

14-Jun-07
Despite this week's fall in feedstock SM and butadiene prices, select ABS offers in FE region for July shipment were heard at US$1,690-1,720/mt CFR China. In SE Asian market, ABS prices declined by US$10/mt. Market sentiments were damp and buyers are unwilling to give firm bids due to this continuous fall in feedstock costs.
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Large capacity chemical storage tanks

Large capacity chemical storage tanks