Wednesday, August 13, 2008

ABS prices tumble in Asia on lackluster demand from China

Bulk production cuts from a spectrum of downstream processors has pressured ABS prices in Asia, despite a recent price down adjustment by about twenty dollars. As ABS demand continues on a downtrend iin China and market outlook continues to be gloomy, and input SM and butadiene prices also continue to descend, prices for ABS have dropped in Asia.

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