European prices acrylonitrile-butadiene-styrene (ABS) in September were August level despite the attempts to reduce the buyers, in particular on extrusion grade reports citing ICIS market sources.

Demand strengthened in September after the summer lull, although sales are not as high as in the second quarter, the sources noted. Customers have also reported a wide offer of material that indicates a high level of reserves. According to one source, supported by strong demand stable performance automotive industry, especially in Italy, where he launched new car models.

One of the manufacturers said the recent bankruptcy of South Korean shipping company Hanjin did not have any impact on the European ABS market, because customers are not trying to provide themselves with additional volumes.

According to the source, the supply of some of the containers were delayed, but it will not affect the situation on the European market as a whole. In particular, extrusion grade ABS supplied mainly from Europe.

As reported by the MRC earlier, in August, prices in the European market of ABS were left at the level of July.

According to the price review ICIS-MRC, last week in Russia offer price of Russian ABS voiced at 136 000-139 000 rubles. per tonne, CPT Moscow, for natural polymer stamps. Prices ABS Russian are not reduced, despite the presence on the market of a lower Korean offer ABS.