Asia ABS surges post-China holidays on BD spike

摘要

SINGAPORE (ICIS)--Asia's acrylonitrile-butadiene-styrene (ABS) prices surged after the week-long holiday in the key China market, largely driven by the sharp spike in feedstock butadiene (BD) values, market sources said on Thursday. Offers for ABS parcels jumped this week to $1,450/tonne CFR (cost and freight) China, with one supplier quoting prices at as high as $1,480/tonne CFR China.