Price and market trends: Europe SAN demand not picking up

23 September 2013 00:00  [Source: ICB]

Compounders and distributors of styrene acrylonitrile (SAN) in Europe are not seeing the pick-up in demand expected in ­September following the August summer holiday period, market participants said on 11 September.

While there has been some improvement on last month’s demand levels as manufacturers in parts of Europe return to work after August vacations, buyers of SAN have noticed that their current September orders are not as high as expected.

“The big issue is lack of demand,” said one reseller in the cosmetics market.

EU SAN

“[There is] no demand from customers,… hardly any feedback from the market,” the buyer of injection moulding grade SAN said.

SAN does not seem to be the only one hit by the post-holiday blues in terms of demand, but also polystyrene (PS) and acrylonitrile-butadiene-styrene (ABS) as well. “It’s [the market] quite stable, but it’s not very exciting,” the source concluded.

A buyer of compounding grade SAN said that European producers are also seeing the pinch of a hesitant consumer market.

“[European SAN producers] say the September forecast is not for a bad month, but not as good as expected.”

Low consumer demand is causing some SAN buyers to hold off price discussions with their suppliers for September business until they see a pick-up in end-use market order ­levels.

Talks between producers and buyers are ongoing, with producers targeting substantial increases on August prices.


By: Matt Tudball
+44 208 652 3214



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly