12 March 2014 12:10 [Source: ICIS news]
SINGAPORE (ICIS)--Export prices of linear alkyl benzene (LAB) from northeast Asia have been on the downtrend, market players said on Wednesday.
Buyers mainly in southeast Asia are said to be able to purchase material at lower prices because of a wider choice between northeast Asian, Middle East and Indian origin material.
A buyer said the current market price was at $1,800/tonne FOB (free on board) NE (northeast) Asia for March shipments, but it was not bidding for any material.
According to a south Asian trader this week, producers’ price indications are at $1,780-1,800/tonne FOB NE Asia.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections