Weekly Acrylonitrile Butadiene Styrene (ABS) reports are published in Asia, China, Europe and the US.
Asia and China cover spot prices for one grade in different regions, while US and Europe report domestic prices for different grades. All contain independent market news and analysis gathered by our locally based reporters. Content includes overviews, production news, upstream information and import movements, when applicable. These reports are an essential tool to help you make confident commercial decisions.
Acrylonitrile butadiene styrene Overview Transcript
The Asian ABS market is the fastest growing among the stryrenic resins. This is mainly due to them being used in many applications.
Common useage for ABS include sectors such as automobiles, consumer electronics, office equipment, personal computers, toys and construction.
ABS can be fused with other plastics to form alloys. This further extends the useage of the resin in other sectors such as mobile phone casings which use PC/ABS alloy.
China is the largest importer and user of the resin in Asia given its huge manufacturing base.
The spot market is active and liquid with major sellers from Taiwan, Korea, and South East Asia competing for a piece of the action each week China continues to expand its domestic ABS capacity each year, but demand always increases in tandem, resulting in the continual need for large volume imports.
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Acrylonitrile butadiene styrene: Market overview
Updated to Q3 2016
After a highly anticipated downward correction in the styrene monomer price in July, the ABS market does not expect an increase in the price of its key feedstock at least until September and based on current market indications. The traditional summer slowdown in southern Europe will probably have an impact on demand but the market is expected to rebound in terms of volumes come September when buying activity will resume.
Any financial domino that the Brexit vote could cause in the next months might have an impact on the automotive industry because car makers could decide to slow down production and that will, consequently, mean a drop for ABS demand, according to market participants.
Asia ABS prices had a strong run-up in late June following talk of reduced availability in the weeks ahead, amid some output cuts in eastern China due to mandated shutdowns in August ahead of the G20 Summit in September. Traders expect demand to keep up in July and August as the third quarter manufacturing season for exports in China has kicked off.
Q3 demand in the US ABS market was seen as strong, and the market was described as stable - despite the fact that the slower summer months have begun. Not much change is expected in freely negotiated contract prices during Q3. But higher Asian ABS prices are expected to put upward pressure on import prices.
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Acrylonitrile Butadiene Styrene Methodology
About Acrylonitrile butadiene styrene
Acrylonitrile-butadiene-styrene (ABS) is the largest-volume engineering resin. Its biggest use is in the automotive industry, followed by the electronics sector. Other applications include domestic appliances, pipes, fittings and other construction products, and recreational items such as boats and mobile homes.
ABS is also blended with other polymers such as polycarbonate or polyvinyl chloride (PVC) for injection moulding applications.
An amorphous thermoplastic blend, ABS is available in a range of compositions and properties, depending on the ratio of monomer feedstocks (15-35% acrylonitrile, 5-30% butadiene and 40-60% styrene), to give a large number of grades and applications.
Due to its flexibility of composition and structure, ABS can exhibit a wide range of properties, allowing its use in diverse applications. ABS resins are composed of over 50% styrene and varying amounts of butadiene and acrylonitrile (ACN). Styrene provides rigidity and ease of processing, ACN offers chemical resistance and heat stability, and butadiene gives toughness and impact strength.