EU ABS September imports, exports drop year on year - Eurostat

25 November 2013 15:26 Source:ICIS News

LONDON (ICIS)--Imports of acrylonitrile-butadiene-styrene (ABS) into the EU from the rest of the world dropped 6% year on year, according to data from statistics agency Eurostat on Monday.

An increase in all three feedstock September contract prices saw September ABS demand fall below many market participants’ expectations.

Consumers tried to avoid large purchases from both European and overseas producers and utilise inventories on the expectation of an easing in October prices.

September ABS exports from the EU dropped 13% year on year.

EU ABS imports and exports September 2012 vs. September 2013 (Eurostat, tonnes)

 

September 2012

September 2013

% change year on year

Imports

13,345

12,541

-6

Exports

10,588

9,195

-13

Eurostat import/export data is subject to revision as more detailed information becomes available.

By Matt Tudball