ABS Prices and News
Global shipping turmoil deepens, adding to the upheaval in plastic resins
by Manolya Tufan
and Esra Ersöz
Polymer markets shoot up in a tumultuous climate, where the global shipping crisis has contributed to the soaring prices in major regions. Global supply chains, both upstream and downstream in the plastic resin industry, were disrupted amid production snarls, a shortage of containers and changing demand patterns triggered by the pandemic...
15-02-2021
Shortage pushes Europe’s ABS markets to multi-year highs
by Manolya Tufan
ABS markets started the year with hefty increases that were larger than the cost pass-through from styrene and butadiene. January marked the third consecutive month of 3-digit hikes. Exacerbating tightness amid the lack of Asian imports and competing demand for prompt material were cited among factors reinforcing the bullish rally...
18-01-2021
Stats: Turkey’s 2020 polymer imports set to beat the 2017 record
by Merve Madakbaşı
According to ChemOrbis Import Statistics, Turkey’s overall polymer imports surged 10% in November compared to the same month of 2019. Looking at cumulative imports January-November, the volume is readying to surpass 5 million tons for the whole year...
04-01-2021
China ABS prices move below SEA after 8 months
by Manolya Tufan
China’s import ABS market has been on a downward trajectory for four consecutive weeks due to reduced demand amid a year-end lull and falling styrene prices. Meanwhile, Southeast Asian markets have followed suit, albeit at a relatively slower pace...
28-12-2020
Asian PS, ABS markets witness further losses on year-end lull
by Merve Madakbaşı
Styrenic prices in Asia reversed course around early December. Waning demand and fading support from feedstocks started to exert a pressure on markets in China and Southeast Asia. Priorly, mostly an uptrend had held sway over the markets from May to November...
21-12-2020
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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