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.
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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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Updated to Q3 2016
Asia acrylonitrile-butadiene-styrene (ABS) prices fluctuated within a narrow range in Q3. Spot prices in NE Asia were mostly in the high $1,300s/tonne CFR level. Suppliers could not push for much higher prices despite the third quarter manufacturing for exports season in China. This year’s exports season was weaker than expected amid the global economic malaise and both traders and end-users were cautious. They did not stock up too much resin in view of uncertain demand. ABS suppliers lamented their thin margins as feedstock acrylonitrile (ACN) prices continued to trend higher. However, most of them concede that higher prices were difficult to achieve given the lacklustre demand in the region. After a slight recovery in prices in early September, ABS prices are expected to tread water or even retreat going into October. Traders anticipate a dip in demand from October onwards as the manufacturing for exports season in China winds down.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Acrylonitrile butadiene styrene.
We offer unbiased and independent price reporting, with our price assessments being widely quoted as benchmarks in contracts.
Our information is collected from market participants by our global network of reporters, delivering unrivalled coverage of established and emerging markets, including China and Asia.
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.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Acrylonitrile butadiene styrene. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
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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.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Acrylonitrile butadiene styrene, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.
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