China’s increasing ABS self-sufficiency - A boon or bane?

Following the Chinese stock market turmoil in January, Asia’s crude oil prices fell to a record low. This led to a weak first half of the year for the ABS market with import volumes tumbling to 78.7m tonnes from 162.5m tonnes for the same period in 2015.

China’s domestic production of ABS has significantly increased in capacity year-on-year. As the country becomes more self-sufficient, how will international players be affected, and more importantly, how will they adapt their sales strategies to combat this change?

ABS supply and demand in China

Equipped with data and insights on the key ABS consumption trends and segments to target, the China ABS Annual Report provides unparalleled coverage of the country’s ABS market, with an outlook for each major demand segment and supply/demand forecast in H2 2016–2017. The report also comes with a half-year update which will provide you with the data and insight necessary to help you to plan your business and address the following issues:

  • Supply and demand forecasts and specific drivers for H2 2016 and 2017
  • Outlook for the domestic market outlook and impact of import demand and prices
  • The performance of domestic producers and their production outlook for H2 2016–2017
  • Consumption outlook of ABS downstream demand for each key segment
  • Seasonal trends for demand segments

Enquire about the China ABS Annual Report

About ICIS

ICIS is the world's largest petrochemical market information provider and has fast-growing energy and fertilizer divisions. Our aim is to give companies in global commodities markets a competitive advantage by delivering trusted pricing data, high-value news, analysis and independent consulting, enabling our customers to make better-informed trading and planning decisions. We have more than 30 years' experience in providing pricing information, news, analysis and consulting to buyers, sellers and analysts.

With a global staff of more than 800, ICIS has employees based in Houston, Washington, New York, London, Montpellier, Dusseldorf, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Yantai, Tokyo and Perth. Some 350 of ICIS’s staff are journalists engaged in reporting market prices and news, and ICIS is fully committed to upholding the highest journalistic principles of verification, corroboration and authentication. ICIS has a compliance framework that along with its methodologies and business processes adheres to the requirements of the IOSCO PRA Principles.

ICIS is a division of Reed Business Information, part of RELX Group.

About Reed Business Information

Reed Business InformationReed Business Information provides information and online data services to business professionals worldwide. Customers have access to our high-value industry data, analytics, information and tools. Our strong global brands hold market-leading positions across a wide range of industry sectors including banking, petrochemicals and aviation where we help customers make key strategic decisions every day. RBI is part of RELX Group plc, a world-leading provider of information solutions for professional customers across industries.

About RELX GroupRELX Group

RELX Group plc is a world-leading provider of information solutions for professional customers across industries.

We help scientists make new discoveries, lawyers win cases, doctors save lives, and executives forge commercial relationships with their clients. We help insurance groups offer customers lower prices by assessing risk better, and save taxpayers and consumers money by enabling governments and financial groups to detect fraud.

ICIS China ABS Annual Report

The ICIS China ABS Annual Report provides a granular view and outlook of each major ABS demand sub-segment to help you to better plan your sales volumes and reap higher margins. This must-have resource provides all of the following:

  • A complete review of China’s ABS market
  • Analysis of current and a one year forecast of supply and demand
  • Expert analysis of price trends, drivers and margins
  • Commentary on the long-term impact of China’s ABS markets on international players
  • Insight into the driving factors for 2017 – feedstock, import/export and much more

Enquire about the China ABS Annual Report