ABS Prices and News
Will Asia’s PS markets follow ABS higher on cost support? by Merve Madakbaşı
ABS sellers in China and Southeast Asia were encouraged enough to lift their offers slightly over the past week. The main factors that propelled the market higher were the rebound in crude oil futures as well as improved end users’ demand... 31-08-2021
Stats: Turkey’s H1 2021 polymer imports set a new record high by Esra Ersöz
Turkey’s polymer market size continues to grow despite all challenges. According to ChemOrbis Import Statistics, overall polymer imports in the first half of 2021 saw a new all-time high, expanding 7% on a yearly basis to more than 2.8 million tons... 06-08-2021
ABS reverses losses after 8 weeks in Asia; will upturn be sustainable? by Pınar Polat
In China and Southeast Asia, ABS prices reversed the course last week after two straight months of declines. This was with support from strong crude fundamentals, which in turn boosted styrene feedstock prices... 20-07-2021
Pace of PS drops in Asia slackens; ABS downtrend in full swing by Manolya Tufan
Styrenics markets in China and Southeast Asia remained on a downward trend during the week ending June 2. Although sluggish demand continued to weigh on prices, the pace of PS decreases has slackened lately amid firming spot styrene prices. Meanwhile, the ABS downtrend that has been in place in the past seven weeks is still at a full swing... 05-07-2021
Europe’s PS, ABS markets come off peaks on plunging costs by Manolya Tufan
The longest-ever rising streak in Europe’s ABS markets has ceased in June as prices have come off their peaks on the back of the sharp styrene drop and improving availability. PS prices also reversed the course after witnessing massive hikes in the past 7 months... 07-06-2021
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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