14 November 2012 03:44 [Source: ICIS news]
SM prices have remained mostly at around $1,585/tonne (€1,252/tonne) CFR (cost & freight)
“The current spread between EPS and SM [prices] is less than the $180/tonne producers typically seek,” said a Taiwanese EPS maker.
However, suppliers are facing difficulty in raising prices as the market is currently in a lull season. The manufacturing-for-exports season has largely ended in early October and demand for resins, including EPS, is tapering off.
Meanwhile, the onset of colder weather in northern and eastern
“The EPS demand from
The average overall operating rate of EPS units in
“We are quoting $10/tonne higher at $1,760/tonne FOB [free on board]
End-users prefer to keep low inventories after having fulfilled most of the production requirements for the year.
($1 = €0.79)
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