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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Updated to Q1 2018
Acrylonitrile-butadiene-styrene (ABS) supply was balanced-to-long for most of Q1, as several northeast Asian producers in Taiwan and China ran their plants at around 90% capacity. However, supply tightened towards the end of March, as Zhenjiang Chimei shut its 820,000 tonnes/year ABS unit on 25 March for 10 days, due to a suspension of power supply. In southeast Asia, supply remained ample as most ABS producers in this region ran their plants at optimal rates.
Demand for ABS has been weak in Q1, as buyers’ inventories were high in February. Material for January shipment arrived in February and March, thus stocks in Hong Kong were high in March. Demand was slower in February, as market players were away for the Lunar New Year celebrations, on the 16 – 21 February. Market sentiment was hampered by drops in the feedstock styrene monomer (SM) prices in mid-March and makers were under pressure to sell their stocks at lower prices. Makers and buyers also took a cautious stance, amid fears of a possible trade war between the US and China.
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.
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