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Asian ABS Prices Fall amid Low Demand  | Margin pressure is relieved by softening upstream markets, but margins are still negative  | Activity slows due to limited demand

Asian ABS Prices Fall amid Low Demand | Margin pressure is relieved by softening upstream markets, but margins are still negative | Activity slows due to limited demand

Mar 23, 2023

Asian ABS Prices Fall amid Low Demand- Margin pressure is relieved by softening 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
producers echo the bearish sentiment. The
market for Southeast Asia is experiencing limited liquidity. Market
participants have spoken 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 March 22, below the...

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