Weekly Acrylonitrile Butadiene Styrene (ABS) reports are published in Asia, China, Europe and the US.
Asia and China cover spot prices for one grade in different regions, while US and Europe report domestic prices for different grades. All contain independent market news and analysis gathered by our locally based reporters. Content includes overviews, production news, upstream information and import movements, when applicable. These reports are an essential tool to help you make confident commercial decisions.
Updated to Q2 2019
The start-up of a new acrylonitrile-butadiene-styrene (ABS) plant in southern China in March increased supply in the second quarter. However, availability was scaled back as a number of producers cut output in May due to thin margins and ample inventories, after the US-China trade talks broke down. Some lower-priced parcels from the Middle East were seen as well in the Asia market in the quarter, although their quantity was not big.
Demand for the resin was weak with tariffs imposed on made-in-China appliances during the trade war. Sentiment was bearish across the manufacturing for export sector in China following due to the fallout of the trade talks. Users and traders of ABS kept low stocks in view of uncertain demand in the near term. Demand for ABS in southeast and south Asia was also tepid as the dispute impacted business sentiment and trade.
European acrylonitrile-butadiene-styrene (ABS) supply in Q2 2019 has been increasing due to weak demand and imports available from Asia at competitive prices, including Taiwan, South Korea, and India. Ongoing turnarounds in the upstream markets have had minimal to no impact on raw material availability. In some cases, European suppliers have reduced output rates due to high inventories.
European acrylonitrile-butadiene-styrene (ABS) demand in Q2 2019 has been declining due to the slowdown in the downstream automotive sector. As a result, some car manufacturers have announced the closure of factories in Europe. Buying interest has declined across the downstream industries including electronic applications and sentiment has been cautious due to global uncertainty including Brexit and trade between the US and China.
Supply of US acrylonitrile-butadiene-styrene (ABS) in the second quarter was stable, with all plants running throughout the quarter and no planned or unplanned outages. Some market participants said supply was long, while others described it as readily available. Additional supply came from lower-priced imports late in the quarter, primarily from Asia. The US is a net importer of ABS, and imports were flat through April.
Domestic demand for US ABS in the second quarter of 2019 was soft, in line with reduced demand globally, especially in Asia. ABS is the largest volume engineering thermoplastic resin and is used in automobiles, electronics, appliances and recreational products. Lagging automobile sales weighed on demand, as did negative sentiment associated with the US-China trade war. Demand was above average in the medical and consumer sectors.
We offer the following regional Acrylonitrile butadiene styrene analysis and news coverage to keep you informed of factors and developments affecting prices in the Acrylonitrile butadiene styrene marketplace.
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Acrylonitrile-butadiene-styrene (ABS) is the largest-volume engineering resin. Its biggest use is in the automotive industry, followed by the electronics sector. Other applications include domestic appliances, pipes, fittings and other construction products, and recreational items such as boats and mobile homes.
ABS is also blended with other polymers such as polycarbonate or polyvinyl chloride (PVC) for injection moulding applications.
An amorphous thermoplastic blend, ABS is available in a range of compositions and properties, depending on the ratio of monomer feedstocks (15-35% acrylonitrile, 5-30% butadiene and 40-60% styrene), to give a large number of grades and applications.
Due to its flexibility of composition and structure, ABS can exhibit a wide range of properties, allowing its use in diverse applications. ABS resins are composed of over 50% styrene and varying amounts of butadiene and acrylonitrile (ACN). Styrene provides rigidity and ease of processing, ACN offers chemical resistance and heat stability, and butadiene gives toughness and impact strength.
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With insights into the economic situation, trade war, future investments and much more, the 7th ICIS US Butadiene and Derivatives Conference will be bringing you the necessary data and analysis to ensure you have all the important information to make those essential business decisions
Join us the 11 December 2019 // New York, USA and make sure you do not miss out on this essential event for the butadiene value chain.