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Updated to Q2 2018
Supply-demand fundamentals for European acrylonitrile butadiene styrene (ABS) remained balanced heading into the second quarter. The ABS market continues to move independently of seasonal factors, driven by movements of feedstock levels. Though there were concerns about how supply would fare at the beginning of the quarter, it remained healthy throughout, despite one producer heading into turnaround partway through May. Imports remain consistent but unfavourably priced against European material because of the depreciation of the Euro.
Demand for ABS in Europe remained unclear at the beginning of the second quarter. Things began to pick up strength in April, and though public holidays dampened sentiment in May, demand began to gain strength again in June. Although demand improved, prices remain governed by feedstock levels, predominantly styrene which is the key material in the compound. Buyers started to hold off contract confirmations in June as prices climbed higher than anticipated.
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.
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.