Asian ABS Prices Fall amid Low Demand- Margin
pressure is relieved by softer upstream markets, but margins are still negative- Activity
slows due to limited demandAsian acrylonitrile-butadiene-styrene lower
at $1,365/mt for the CFR China marker in the week to March 22. At $1,390/mt, the CFR
Southeast Asia marker was lower. Although
domestic Chinese prices were relatively unchanged from the previous week's,
market participants spoke of low demand. Although
margin pressures were eased by weaker upstream markets, production margins
remained negative. A producer stated that
it was quite difficult right now. A few
other producers echo the bearish sentiment. Asian Petrochemicalscan March 24, 20,23 Limited liquidity
was heard for the Southeast Asian market as market participants talked of a
slowdown as Ramadan approaches.Asian ABS Weekly reason









Asian acrylonitrile-butadiene-styrene (ABS)
$10/ mt lower week on week at $1,365/mt CFR China...