ABS Prices and News
PS, ABS markets to see new drops on plunging styrene in Europe by Manolya Tufan
Styrenics markets across Europe will post another round of notable drops as autumn kicks off amid a plunge in styrene settlement and growing fears over consumption. Initial PS offers started to emerge with 3-digit drops following lower styrene contracts. Weak market conditions have also set the table for ABS price concessions this month... 05-09-2022
Stats: Turkey’s H1 2022 polymer imports surpass 3 million tons by Merve Madakbaşı
Turkey’s polymer market size continued to widen despite uncertainties related to the global macro-economic environment. Total imports in the first half of 2022 set a new record high while easing freight rates, amid a global slowdown in trading, partially contributed to the increasing volume of imports... 03-08-2022
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
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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