ABS

ABS prices moved higher to US$1710/MT in Asia in the week of September 10, 2007. This price rise has been supported by rising values of feedstock costs - ACN, butadiene and SM. Offers for the next few weeks of September are estimated to rise by 10-20 dollars as cost pressures build up, particularly from feedstock ACN. This week saw a quantum leap in prices after an unexpected outage of China Secco's 240,000 tpa ACN plant.

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