ABS Prices and News
Stats: Türkiye’s overall polymer imports down slightly in H1 2023 by Merve Madakbaşı
According to ChemOrbis Import Statistics, overall polymer imports in January-June edged down by around 1% to 3.1 million tons from the same period in 2022. Saudi Arabia (724,276 tons), South Korea (346,347 tons), Russia (321,768 tons), the United States (304,991 tons) and Egypt (172,609 tons) were the primary polymer suppliers during this time... 04-08-2023
PS and ABS markets buckle under feedstock pressure, weak demand in Europe by Manolya Tufan
Having closed June with massive decreases, European PS and ABS markets opened the new month with relatively smaller decreases of €65-80/ton amid feedstock correction and stalling demand. ChemOrbis Pride Index suggests spot ABS markets hit their lowest since late 2020 and PS markets since early 2021... 10-07-2023
Asian PS, ABS markets at 2½-3-year lows amid Chinese oversupply by Shibu Itty Kuttickal
PS and ABS markets in Asia have fallen to the lowest levels in two and a half to three years, hit by a triple whammy of sluggish demand, burgeoning supplies, and sliding feedstock costs. Players expect the bearishness to continue in the near term... 22-05-2023
European ABS under pressure from aggressive imports, PS holds firm by Manolya Tufan
In Europe, ABS prices have bucked the PS trend recently, mainly due to the presence of aggressive Asian imports. A mixed pricing policy was observed for ABS in May, with rollovers to slight hikes still being valid as opposed to discounts in the distribution channel. On the other hand, PS sellers mostly held firm, citing the monthly styrene hike... 15-05-2023
Lackluster demand dominates Türkiye’s styrenics markets ahead of holiday by Merve Madakbaşı
PS and ABS prices have been moving within narrow ranges since late Q1, with both markets’ response to the soaring crude oil futures remaining limited. Indeed, cash flow issues amid economic concerns coupled with the lingering uncertainties ahead of the May elections kept converters on hold. EPS demand also failed to catch up with seasonal expectations... 18-04-2023
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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