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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 Q2 2016
Q2 US acrylonitrile butadiene styrene (ABS) prices in the formula-based market climbed by 5 cents/lb, which was tied directly to price direction in key feedstocks markets, including styrene, butadiene and acrylonitrile.
Freely negotiated ABS contract pricing largely followed the price direction of the formula-based market.
April ABS demand was up on seasonal factors, and was stronger year on year. Piping and home appliance usages showed the most growth in April. Buyers in May locked in prices ahead of upcoming price increases.
However, for Q2 as a whole, the automotive and construction sectors were the major end use markets.
Some strength for ABS came from higher prices for other polymers, such as polycarbonate (PC) and polypropylene (PP).
Supply during the quarter was seen as adequate, and the market was described as balanced - even on higher consumption.
Heavy ABS imports during the first four months of 2016 weighed on prices, market sources said. Imports from January through April at 56,199 tonnes were up by 5% year on year. A large push was seen by South Korea to move product to the US.
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.
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.
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