VIDEO: Asia ABS propped by US Gulf Storms, strong post-Lunar New Year sentiment

Author: Julia Tan

2021/02/26

SINGAPORE (ICIS)--Markets reporter Julia Tan discusses the impact of recent polar storm-related production outages in the US on the Asian acrylonitrile-butadiene-styrene (ABS) spot market and related upstream markets. The production losses in the US has indirectly supported market sentiment for Asian spot markets amid stronger post-Lunar New Year purchasing attitudes.

  • Tight supply persists in the Asian ABS spot markets
  • Force majeures tighten US ABS supply
  • Market sentiment buoyant

Visit the ICIS Coronavirus topic page for analysis of the impact on chemical markets and links to latest news.