China PS Market Price (03 Nov 2009)

A distributor was offered B grade Chinese GPPS injection ex-warehouse North China, cash inc VAT at CNY9400/ton ($1177/ton without VAT)

A distributor was offered B grade Chinese GPPS injection ex-warehouse South China, cash inc VAT at CNY9700/ton ($1214/ton without VAT)

A distributor was offered B grade Chinese HIPS injection ex-warehouse South China, cash inc VAT at CNY9900/ton ($1239/ton without VAT)

A distributor was offered B grade Chinese GPPS injection ex-warehouse East China, cash inc VAT at CNY9600/ton ($1202/ton without VAT)

A distributor was offered B grade Chinese HIPS injection ex-warehouse East China, cash inc VAT at CNY9900/ton ($1239/ton without VAT)

A distributor offers B grade Chinese GPPS injection ex-warehouse East/South China, cash inc VAT at CNY9700-9800/ton ($1214-1227/ton without VAT)

A distributor reported receiving the abovementioned offers from domestic producers while deeming the offer levels to be steady with respect to last week. "Meanwhile, we also elected to leave our offer levels unchanged considering domestic producers' stable pricing strategy," he comments. For the near future, the seller is aiming to follow the domestic producers' price adjustments.