ABS Prices and News
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
Weak demand weighs on ABS prices across global markets by Manolya Tufan
Players have confirmed the globally weaker ABS sentiment, with demand underperforming expectations in major markets including China, SEA, Turkey and Europe. Import prices in China and Turkey added to their losses to touch new lows amid mounting sales pressure, defying a nascent recovery in Asia’s spot styrene markets... 23-05-2022
PS, ABS prices hit all-time highs in Europe; a record gap with Asia by Manolya Tufan
April hikes carried European PS and ABS markets to unprecedented levels as the rally gained momentum amid surging costs, while Asian markets were softer under the shadow of weak demand. Since Europe has been trading well above global markets, particularly Asia, the disparity between the two regions has grown big enough to set a new record... 11-04-2022
Plastic resin industry on another bumpy ride: War-driven energy hikes by Esra Ersöz
Having grappled with the pandemic in 2020 and major supply chain woes in 2021, the petchem industry is this time buckling up for another bumpy ride given rocketing energy hikes. Players across the globe are gripped by ‘very high costs’ and relentless supply limitations on one hand, and growing concerns over a possible demand destruction on the other... 15-03-2022
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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