Market and product

A trader offers Chinese A grade GPPS injection FD East China, cash inc VAT at CNY12000/ton ($1557/ton without VAT inc delivery)

A trader offers 3 tons of Chinese A grade HIPS injection FD East China, cash inc VAT at CNY13600/ton ($1764/ton without VAT inc delivery)

A trader was offered Chinese A grade HIPS injection FD East China, cash inc VAT at CNY13400/ton ($1738/ton without VAT inc delivery)

A trader was offered Chinese A grade GPPS injection FD East China, cash inc VAT at CNY11800/ton ($1531/ton without VAT inc delivery)

A trader offers Taiwanese GPPS injection China main port, subject to 6.5% customs duty, cash at $1580/ton

A trader offers Taiwanese HIPS injection China main port, subject to 6.5% customs duty, cash at $1760/ton

A trader reported lifting their GPPS offers by $40-60/ton while increasing their local offer levels by CNY100/ton, pointing to limited supply levels as well as firmer upstream costs as support for their price hikes. The trader holds relatively low stocks of domestic HIPS at their warehouse and plans to replenish their stocks after the holiday. Generally, he feels confident regarding their March business.