Asian
ABS: In constant demand- Butadiene
goes up $20/mt, and acrylonitrile is up $10/mt- Styrene
declines $12-18/mtAsian
acrylonitrile-butadiene-styrene was unchanged at $1,400/mt CFR China in the
week to Feb. 15 in the wake of stable demand. The CFR Southeast Asia
marker remained steady at $1,420/mt for the week. The price of Styrene
monomer fell $12/mt to $1,089/mt CFR China February 15. Acrylonitrile
increased $10/mt in the week to $1.580/mt CFR Far East Asia February
14. Butadiene gained $20/mt during the week to $1180/mt CFR China February
15. In the week ending February 15, Chinese domestic prices remained
unchanged at Yuan 11,100-Yuan 11600/mt. This is approximately $1,353.79-1,414.77/mt
if you consider import-parity. According to market sources, ABS plant
operating rates were close to full capacity in China. ABS margins are
still under pressure, as well as other related styrene...