- European production rate stable- There is limited demand
improvement in all sectors





The European
acrylonitrile-butadiene-styrene market continued to see slow demand in the week
to March 15 that weighed on prices, while European producers kept run rates
stable compared with the first two months of 2023. European producers said they
gained more clarity about March prices during the week following a better
understanding of their March orderbooks and the impact from composite feedstock
contract price movements. "[ABS] prices are going sideways, and some
reductions. European ABS has been stable
market in February, [I] believe March will likely be the same," a producer
said. Demand remained stable, but soft, because automotive demand recovery
was still sluggish. Construction demand however was increasing
significantly. After better demand two weeks ago, the furniture
sector suffered a decline during the...