ABS Prices and News
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
Slack demand dominates polymers ahead of Eid al-Adha, yet freight support still intact in Türkiye by Merve Madakbaşı
Prices for most polymers defied the lower upstream chain in June as successive increases in shipping costs amid logistic hurdles provided sellers with leverage to lift their prices. Yet, ebbing demand has come to the fore recently, outweighing supply curtailments and capping larger price hikes... 14-06-2024
Europe’s polymer markets impervious to surging freight rates amid weak fundamentals by Manolya Tufan
Regional polymer markets are torn between rising shipping costs and subdued market fundamentals as June approaches. The sentiment for most polymers has barely changed given chronic adversities, even though import prices saw some increases driven by surging freight costs. We will delve into the reasons behind the polymer markets’ indifference to the soaring ocean freight rates and accompanying import supply disruptions... 30-05-2024
Strong costs overshadow weak demand, pushing Asian PS, ABS markets to multi-month highs by Thi Huong Nguyen
A continuous upturn has mostly dominated PS and ABS markets across Asia since late December 2023. During the week ending on April 12, rallying energy prices substantially pushed upstream costs upward and underpinned fresh hikes in styrenics markets. Adding to the scenario is the cautious improvement in buying interest, although the overall state of demand has remained stagnant... 15-04-2024
Europe’s styrenics markets signal stabilization after 2 months of hikes by Manolya Tufan
Regional styrenics markets witnessed hefty price increases in the past two months, supported by soaring styrene prices and scarce import offers. Purchasing activity slowed down in March in response to the inflated price levels, while the PS and ABS markets gave signs of stabilization heading towards April... 01-04-2024
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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