Acrylonitrile butadiene styrene Prices, markets & analysis
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Acrylonitrile Butadiene Styrene US Transcript
ICIS report for US Acrylonitrile Butadiene Styrene, or ABS, covers domestic prices for medium and high grade injection material and medium and high grade extrusion material.
Domestic prices are set by contract negotiations between producers, sellers, distributors, and buyers, taking into account that discounts generally offered depending on the order size.
There are no predetermined contract settlement dates and the ICIS report reflects the fluidity of price movements which often respond to feed stock prices.
The US assessed prices are gathered by talking to major North American producers, distributors and buyers and inputting the data into the report. The report is essential to our customers as it offers subscribers the most recent and detailed information in the ABS market, price increase nominations or decreases and supply and demand patterns.
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Updated to Q3 2014
US acrylonitrile-butadiene-styrene (ABS) prices remained flat throughout the third quarter amid relatively balanced market fundamentals, despite pressures from raw material costs and competitive pricing from other regions.
For the most part, US ABS suppliers said they had a solid-to-strong third quarter, although some had acknowledged that the period is typically the busy season for the market and its downstream industries.
However, upstream benzene prices soared in July, putting upward pressure on ABS prices. While some producers wanted to raise prices, they did not announce any increase initiatives because of the lack of industry support.
Raw material prices began softening after that, but ABS producers said they were going to keep prices steady for as long as they could because previous cost increases were not completely passed through to customers.
Additionally, ABS prices began falling in other regions toward the end of the quarter, but producers were able to hold firm to prices, recognising that they may have to address the issue in the fourth quarter.
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.
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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.
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.