ABS Prices and News
Asia’s PS, ABS markets reach multi-month highs on cost support by Thi Huong Nguyen
In Asia, PS prices have remained on a stable to firmer course starting in early July, while ABS prices have not witnessed any losses since the second half of June. Sentiment in the styrenic markets has been mainly supported by the rally in crude oil and feedstock prices, defying the overall weakness in demand... 19-09-2023
Europe’s PET, PS and ABS markets brace for further hikes in Sept by Manolya Tufan
Regional players have been gradually returning from long summer holidays in Europe, with some sources reporting better than expected activity in the market during August. This was mainly attributed to the cautious pre-buying ahead of firmer voices for September... 31-08-2023
Europe’s PP, PE and PVC markets return from holiday on a bullish note by Manolya Tufan
As August draws to a close, participants in the PP, PE and PVC markets have started to return to their desks in Europe following the long summer break. September expectations are developing on the bullish side, driven by the possible hikes in monomer contracts, easing stock pressure as well as hopes for vivid replenishment activity... 28-08-2023
PS markets fare a tad better than ABS in Asia, Türkiye by Manolya Tufan
Styrenics prices have been tracking a stable to slightly firmer trend for multiple weeks in Asia and Türkiye. PS and ABS markets have been rangebound amidst scarce done deals on one side and rising styrene costs on the other side. Although hikes cannot be easily digested for both, PS has been performing slightly better than ABS... 21-08-2023
Stats: Türkiye’s overall polymer imports down slightly in H1 2023 by Merve Madakbaşı
According to ChemOrbis Import Statistics, overall polymer imports in January-June edged down by around 1% to 3.1 million tons from the same period in 2022. Saudi Arabia (724,276 tons), South Korea (346,347 tons), Russia (321,768 tons), the United States (304,991 tons) and Egypt (172,609 tons) were the primary polymer suppliers during this time... 04-08-2023
ABS; Acrylonitrile (ACN) is a polymer formed by the combination of butadiene and styrene feedstocks. Since it is a durable plastic; ABS is frequently used in automotive, electrical-electronics and household appliances.
There are natural, black and white types of ABS, which are then divided in injection and extrusion applications. The usage of natural type is much more common.
While South Korea and Taiwan are the top ABS exporters in the world market, China maintains its position as the biggest buyer by accounting for more than 40% of world’s imports alone.
ChemOrbis ABS prices and Plastics News section contain information on the market trends, as well as supply-demand factors and production costs that determine the pricing, statistics on imports and exports, along with maintenance shutdowns, restarts, and new capacities related to ABS facilities.
Products:
ABS extrusion (white), ABS extrusion (natural), ABS extrusion (black), ABS injection (white), ABS injection (natural), ABS injection (black)
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