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Asian ABS: Increases due to low trading activity and higher input costs  | Styrene monomer rises $39/mt  | Butadiene up to $25/mt ACN flat

Asian ABS: Increases due to low trading activity and higher input costs | Styrene monomer rises $39/mt | Butadiene up to $25/mt ACN flat

Jan 12, 2023

Asian
ABS: Increases due to low trading activity and higher input costs-
Styrene monomer rises $39/mt-
Butadiene up to $25/mt ACN flatAsian
acrylonitrile-butadiene-styrene was assessed up $10/mt in the week to Jan. 11
amid firming upstream styrene monomer and butadiene, and stable demand and
supply. According to a supplier, offer prices rose by $30-50/ mt
week-on-week due to the Yuan strengthening significantly against the
dollar. Another supplier stated that they were still offering the same
prices as last week. According to market sources, overall activity is
still low due to the Lunar New Year holiday lull. Upstream, styrene
monomer increased $39/mt to $1,008/mt China Jan. 11, while butadiene rose
$25/mt to $880/mt China Jan. 10. Acrylonitrile was flat at $1,475/mt CFR
Far East Asia January 10.Asian
ABS Weekly reason









Asian
acrylonitrile-butadiene-styrene (ABS) up $10/mt week...

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