ABS Prices and News
Europe’s polymer markets impervious to surging freight rates amid weak fundamentals by Manolya Tufan
Regional polymer markets are torn between rising shipping costs and subdued market fundamentals as June approaches. The sentiment for most polymers has barely changed given chronic adversities, even though import prices saw some increases driven by surging freight costs. We will delve into the reasons behind the polymer markets’ indifference to the soaring ocean freight rates and accompanying import supply disruptions... 30-05-2024
Strong costs overshadow weak demand, pushing Asian PS, ABS markets to multi-month highs by Thi Huong Nguyen
A continuous upturn has mostly dominated PS and ABS markets across Asia since late December 2023. During the week ending on April 12, rallying energy prices substantially pushed upstream costs upward and underpinned fresh hikes in styrenics markets. Adding to the scenario is the cautious improvement in buying interest, although the overall state of demand has remained stagnant... 15-04-2024
Europe’s styrenics markets signal stabilization after 2 months of hikes by Manolya Tufan
Regional styrenics markets witnessed hefty price increases in the past two months, supported by soaring styrene prices and scarce import offers. Purchasing activity slowed down in March in response to the inflated price levels, while the PS and ABS markets gave signs of stabilization heading towards April... 01-04-2024
Türkiye’s polymer markets grapple with subdued demand heading into April by Merve Madakbaşı
The Ramadan lull has been pervading Türkiye’s polymer markets over the last few weeks, weighing on suppliers despite supportive costs. Thin price discussions amid deeper cash flow issues loomed over polyolefins, PVC, PET, and styrenics, with only a few days left before the Sunday election. Moreover, supply for certain polymers was relieved thanks to the arrival of delayed cargos... 29-03-2024
FOCUS: Europe’s dependence on polymer imports grows amid lack of competitive power by Manolya Tufan and Esra Ersöz
Having lost its net-exporter status around 7 years ago, Europe has been a net importer for all polymers since then, except for PVC. Moreover, the ratio of exports to imports has been falling across the bloc, given declining output amid high production costs and economic slowdown on one side and global capacity additions on the other side... 14-03-2024
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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