ABS Prices and News
Styrenics markets reverse slump after months-long downtrend in Europe by Manolya Tufan
Regional PS markets in Europe opened the new year with hike requests after 5 straight months of drops, supported by the styrene hike. Having followed a mostly downward trend since May 2022, ABS offers also started to emerge with rollovers to some hikes... 09-01-2023
Stats: China’s 2022 polymer imports lowest in five years by Merve Sezgün
ChemOrbis Stats Wizard suggests that China’s total polymer imports in the January-November period of 2022 were down 10% on the year to 18.1 million tons, the lowest cumulative volume since 2017. Although the December data are yet to be revealed, it is highly likely that the country will end the year with its polymer imports totaling below 20 million tons for the first time in five years... 05-01-2023
New offers delayed until next week in Turkey’s polymer markets by Merve Madakbaşı
A very limited number of import offers were reported this week as the year-end lull became more prominent in PP, PE, PVC and PS markets. Most polymer suppliers elected to delay their announcements for January until next week, while buyers were busy with their book closures and stock takings... 30-12-2022
European PS, ABS markets gear up for steeper drops into 2023 by Manolya Tufan
In Europe, styrenics players are bracing themselves for visible drops in December amid lower styrene settlement, huge disparity between local and import prices and poor market dynamics. Indeed, the fact that there are no signs of markets being on the mend heading into 2023 adds to the cautious stance among buyers... 05-12-2022
Aggressive imports, long supplies weigh on Europe’s ABS markets by Manolya Tufan
Regional ABS markets brace for another round of decreases in November as fresh offers are still pending. Prices have been mostly declining since May, with underlying weakness in demand and supply length being the key drivers. Imports also continued to be offered at aggressive levels, adding to the scene... 07-11-2022
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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