For ABS, the producer implemented a $20/ton decrease on their prices, bringing their new offers to $1140/ton with the same terms. According to the source, ABS demand is doing okay nowadays due to the high season for electronic goods.
“The market outlook is cloudy at the moment as several players will leave their desks for the Chinese New Year holidays soon. We believe that we will get a clearer idea of the market situation only after the end of the holidays,” the source commented.