ABS Prices and News
STATS: China’s H1 polymer imports lowest since 2017, exports at a record-high by Manolya Tufan and Esra Ersöz
According to ChemOrbis Stats Wizard, China’s cumulative polymer imports in the first half of 2022 posted a yearly decrease of 14% to be reported at about 9.6 million tons, the lowest H1 volume since 2017. Exports, on the other hand, rose 26% on year to hit an all-time-high of 4.8 million tons... 01-08-2022
European ABS market yields to demand plunge, higher supplies by Manolya Tufan
After opening the month with rollovers to slight hikes, regional ABS sellers had to revise their July offers down to rollovers or decreases from June. Despite being relatively modest, initial hike attempts proved unworkable due to visibly falling demand and lengthening supplies amid the arrival of imports... 26-07-2022
Downtrend in Asian styrenic polymers may continue through July by Shibu Itty Kuttickal
Styrenic polymers in China and Southeast Asia have seen prices falling by significant degrees in the four months since early March as demand kept weakening and feedstock styrene prices stayed mostly under pressure. Market players expect the downtrend to continue through July... 13-07-2022
European PS market shattered by massive hikes, even rollovers ensue for ABS by Manolya Tufan
Styrenics markets in Europe were shattered by the extent of fresh hikes in styrene and benzene settlements for July. PS offers emerged with massive hikes, while ABS saw rollovers or milder hikes under the shadow of weak demand. Players discuss what lies ahead, as the sentiment is torn between strong costs and weak fundamentals... 11-07-2022
Europe’s PS, ABS markets supported by higher styrene, will it last long? by Manolya Tufan
In Europe’s styrenics markets, a slight increase in the monthly styrene contact took players by surprise as they were anticipating visible drops. June styrene contracts settled slightly higher following a hefty hike in benzene settlement. Although PS and ABS players had earlier foreseen large drops in June, regional suppliers mostly approached the market with rollovers to small decreases... 13-06-2022
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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