Tag Archives: ABS prices

ABS prices hit 5-year low in China

ABS prices hit 5-year low in China

In China, both import and local ABS markets have hit the lowest levels since the beginning of 2012, when ChemOrbis China ABS Price  Index was first launched. New prices emerged with fresh declines for December driven by lower production costs in Asia with respect to a month ago. Players also blamed muted demand heading toRead More

European ABS buyers take waiting stance amidst higher June prices

ABS sellers across Europe approached the market with increases for June following the higher butadiene and barge styrene contracts, according to ChemOrbis. However, another styrene contract settled with rollovers on an FCA basis afterwards, which caused buyers to take a waiting stance in anticipation of a correction in hike requests for ABS in the upcomingRead More