ABS Prices and News
European PS, ABS markets see 3-digit drops on Oct SM plunge by Adriana Camacho
After the stable to slightly softer trend seen last month, styrenics markets across Europe witnessed sharp drops in October amid the plunge in the monthly styrene settlement. The styrene monomer contract, in fact, was agreed €202/ton lower compared to last month on the heels of the €119/ton cut in benzene costs as well as steep spot losses and weak demand in the region... 17-10-2024
Europe’s polymer markets open Oct with drops; PVC defies the odds by Manolya Tufan
Regional polymer markets started the month on a bearish note, influenced by weak economic conditions, easing supply levels and lower feedstock costs. However, PVC bucked the broader trend in the market, with fresh offers emerging with rollovers to slight increases from September... 10-10-2024
China’s comeback: What’s in store for polymer markets after the break? by Merve Sezgün
Chinese polymer players are stepping away from their desks this week as the country observes the National Day holiday. Despite the seasonal optimism brought by ‘Golden September, Silver October,’ demand recovery across most polymer segments has fallen short of expectations. Prices have struggled to gain momentum due to persistent oversupply, weaker international demand, and a sluggish domestic economy... 30-09-2024
Stats: EU27’s H1 2024 polymer imports down on year; PVC sees sharpest decline by Manolya Tufan
H1 2024 polymer imports to the EU27 from extra-union partners fell by 6% compared to the same period of 2023. Total polymer imports in the first half declined to around 4.7 million tons, marking the lowest volume since 2021... 02-09-2024
Stats: Türkiye’s overall polymer imports down by 7% in H1 on year by Merve Madakbaşı
According to ChemOrbis Stats Wizard Pro, cumulative polymer imports in January-June eroded by 7% to 2.9 million tons from the same period in 2023. The fall came in tandem with macroeconomic struggles at home, let alone the adverse impact of a shipping turmoil that has pervaded the markets since late last year. In H1, Saudi Arabia (586,831 tons), the USA (384,204 tons), South Korea (265,221 tons), Russia (236,652 tons) and Egypt (175,667 tons) were the primary polymer suppliers, with respective market shares of 20%, 13%, 9%, 8% and 6%... 23-08-2024
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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