Spot ABS prices in China posted steep declines over the past week, with most players attributing the drop to weak demand, as per ChemOrbis. The recent slowdown in manufacturing activity in China alonng with the government’s ongoing efforts to fight inflation were cited among the main factors weighing down on demand, with some players also commenting that buying interest has been hampered by persistently high ABS costs, which have encouraged some end users to opt for HIPS as a substitute.
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Wednesday, June 08, 2011
ABS markets in China sees steep declines
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