ABS Prices and News
Weak demand sends Türkiye’s styrenics markets to multi-month lows by Merve Madakbaşı
ChemOrbis data suggested that import PS, ABS and EPS markets have been dragged down to their lowest levels since July-August on a weekly average basis in Türkiye. A cocktail of lackluster demand, comfortable supply and receding upstream chain put a strain on prices, not to mention economic headwinds that took their toll on consumption in derivative segments... 17-11-2023
Stats: Türkiye’s polymer imports hit highest quarterly level in Q3 by Merve Madakbaşı
Overall polymer imports stood at around 1.7 million tons in the July-September period, marking the largest volume on record. According to ChemOrbis Import Statistics, the Q3 figure indicated a 10% increase from the prior quarter, while the yearly comparison pointed to almost a 24% hike... 03-11-2023
Asian import PS, ABS markets pull back after 3-month uptrend by Thi Huong Nguyen
In China and Southeast Asia, import PS and ABS markets have turned bearish following an upward trend that was in place since July. The combination of falling production costs and lingering tepid demand has resulted in the recent reversal while signaling further downside in the interim... 10-10-2023
Asia’s PS, ABS markets reach multi-month highs on cost support by Thi Huong Nguyen
In Asia, PS prices have remained on a stable to firmer course starting in early July, while ABS prices have not witnessed any losses since the second half of June. Sentiment in the styrenic markets has been mainly supported by the rally in crude oil and feedstock prices, defying the overall weakness in demand... 19-09-2023
Europe’s PET, PS and ABS markets brace for further hikes in Sept by Manolya Tufan
Regional players have been gradually returning from long summer holidays in Europe, with some sources reporting better than expected activity in the market during August. This was mainly attributed to the cautious pre-buying ahead of firmer voices for September... 31-08-2023
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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