Southeast Asia PS Market (25 January)26 Jan 2010 • by Natalie Aster
A buyer was offered Taiwanese GPPS extrusion CIF Philippines, subject to 15% customs duty, cash at $1430/ton
A buyer was offered Philippine GPPS extrusion FD Philippines, 60 days deferred payment inc VAT at PHP82500/ton ($1605/ton without VAT)
A buyer was offered Philippine HIPS extrusion FD Philippines, 60 days deferred payment inc VAT at PHP88000/ton ($1712/ton without VAT)
A converter in the food packaging and disposable products sector stated that the offers they received in the local market are unchanged with respect to last week, although their supplier has hinted that they seek another price increase soon. The buyer reported that they have enough stocks to cover their immediate needs and therefore prefer to wait and observe the market developments for a little while longer.
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