Acrylonitrile Butadiene Styrene Europe

摘要

Northwest European acrylonitrile-butadiene-styrene contract prices ticked up Eur5/mt in the second week of September, to close at an assessment of Eur1,695/mt FD NWE, primarily on an unexpected uptick in demand, market sources said. Early-month contracts were reported concluded at a decrease of Eur15-20/mt from August at Eur1,705-1,710/mt FD NWE, but the majority of September contracts remained in negotiations. Increases in ABS bucked an overall bearish trend in the polymers complex, as contract values for PS, PP and PE stepped lower across the board, and was largely founded upon the weakness of the euro that bolstered the region’s exports. Since the beginning of August, the euro/dollar exchange rate has sunk 3.8% to 1.29 as of Wednesday, giving European producers that equivalent edge over Asian offers