As oil and feedstock naphtha and styrene monomer prices continue to soften, PS prices witnessed a hundred dollar drop in Asia this week. November shipment CFR China offers for GPPS were heard at US$1200-1250/MT, with deals concluded about 10-20 dollars lower. As demand continues to be subdued, buying bids have fallen to US$1150/MT CFR China. HIPS has also slipped by the same margin to US$1310/MT CFR Hongkong.
27-Oct-08 
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