Asia
ABS: Increases in Demand- Butadiene
up $140/mt ACN up 50/mt-
Styrene down $42/mtAsian
acrylonitrile-butadiene-styrene up $55/mt at $1,400 CFR China in the week to
Feb. 8. The week saw trades at a higher level. The CFR Southeast Asia
marker was up $55/mt during the week at $1.420/mt. This week, trades were
heard at an even higher level. Prices for upstream feedstocks were
mixed. Styrene monomer fell $42/mt to $1,101/mt CFR China February
8. Acrylonitrile rose $50/mt this Week at $1,570/mt Far East Asia, the
last assessment Feb. 7. Butadiene rose $140/mt this week to $1,160/mt CFR
China February 8. Domestic prices in China were heard higher in the week
to Feb. 8, at Yuan 11,200-11,700/mt, or about $1,373.62-$1,434.95/mt on an
import-parity basis. According to market sources, demand has increased
over the past week. A China-based producer stated that factories...