Acrylonitrile butadiene styrene Prices, markets & analysis
ICIS has a network of locally based reporters providing coverage of regional Acrylonitrile butadiene styrene markets. They provide not just pricing information, but an in-depth understanding of the factors driving prices and market fluctuations.
Whichever regional markets you need to track, our independent price assessments and market coverage will keep you fully up-to-date so you can always negotiate with confidence.
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Acrylonitrile butadiene styrene Asia Transcript
The ABS report covers two important regions, namely North East Asia and South East Asia.
The North East Asia region covers the key market of China and two important supply sources, Taiwan and Korea.
In South East Asia, the trade is slower but still considered an important part of the Asian market. Supplies are located mainly in Taiwan and Malaysia which are two vital manufacturing bases in Asia.
The report provides commentary on demand and supply situations in Asia as well as the three feed stocks that go into ABS, namely styrene, acrylonitrile and butadiene. Readers and also find regular updates on plant operating status across Asia as well as domestic Chinese prices for a rounded analysis of the market.
In the report, our clients can find current bids and offers as well as deals done information which helps them in their decision making in the trade.
The ICIS ABS price assessments are regularly used as a reference by market participants under a wide variety of situations and of course as part of term contracts.
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Demand in the Asian acrylonitrile-butadiene-styrene (ABS) market remained lacklustre in the first quarter. The much anticipated rebound in demand post Lunar New Year did not materialise as the Chinese economy continued to slow down.
Meanwhile, weak demand for Asia-made products from the US and eurozone also caused ABS usage in Asia to stagnate. Users of ABS said there were fewer-than-expected number of orders for finished products and hence their lack of interest to purchase large volume of resins.
While some ABS sellers were cautiously optimistic of an improvement in demand in the second quarter, others believed that buying interest will not improve significantly as the global economic recovery remained uneven.
ABS prices were above $1,900/tonne CFR (cost & freight) NE (northeast) Asia in February but have since declined to $1,860-1,920/tonne CFR NE Asia in March. While ABS is expected to receive some support from the feedstock sector, traders expect demand to remained lacklustre even though prices might likely be stable in the near term.
Updated to Q1 2014
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ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Acrylonitrile butadiene styrene.
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ICIS price assessments are based on information gathered from a wide cross section of the market, comprising consumers, producers, traders and distributors. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments, giving you a robust reference for your negotiations.
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ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
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