ABS Prices and News
PS, ABS markets take respite from rising streak in China, SEA by Manolya Tufan
The firming trend has faltered in Asian PS and ABS markets as demand subsided in China after six straight weeks of price hikes. Although ongoing tightness and supportive costs provided a buffer against faltering demand, buyers’ resistance came to the fore in determining the price direction last week... 21-09-2020
A prospect for Q4 through uncharted waters of 2020 amid pandemic by Esra Ersöz
2020 so far has been indisputably shocking and challenging in the thick of a pandemic. Few analysts would predict record contractions in major economies and notable jumps in unemployment rates. Would anyone imagine crude oil being sold at $40 per barrel but in negative territory?... 10-09-2020
Sept expectations voiced in Europe; ABS draws rosier picture than PS by Manolya Tufan
After closing August on a stable to slightly firmer note, PS and ABS markets grew silent ahead of September monomer contracts in Europe. PS expectations call for a stable to softer trend, while the ABS outlook seems to be more promising amid limited imports and regional supply restrictions... 31-08-2020
Stats: Total polymer imports to EU27 inch up in Q2 despite pandemic by Manolya Tufan
Data from ChemOrbis Stats Wizard reveal that the EU27’s cumulative polymer imports increased marginally by 0.5% in Q2 to 1,826,240 tons when compared to the first quarter of 2020... 25-08-2020
Asian ABS hits new highs on shortness, robust buying by Manolya Tufan
The pace of gains in Asian ABS markets accelerated over the last week after the uptrend kicked off as of early August. Short supplies, robust demand in China and supportive costs pushed prices to new highs. Meanwhile, fiscal stimulus measures also played a role in bolstering demand in China... 24-08-2020
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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