Producers of acrylonitrile-butadiene-styrene (ABS) or in Europe aimed at prolonging the prices for October, or on an increase of EUR20 price per ton in comparison with September, despite a decline in styrene contract prices this month, he told ICIS.

It was noted earlier that the October styrene prices were agreed at EUR50 per tonne lower than last month.

However, one of the buyers said that in early October, he signed two contracts with a decrease in the price of EUR30 and EUR50 per ton, while the other reported on price offer EUR10 per tonne lower compared to the previous month.

At the same time the price difference between some South Korean and European suppliers of EUR400-500 per ton were also reports of very low prices in Hungary.

However, one of the producers said that in the near future on the Asian material prices have lost some of its appeal due to increased quotations butadiene due to the announced September 29 Shell force majeure on the ground in Singapore.

According to sellers, the demand for the material stable and keeps a positive trend over the past few months.

Despite reports that the demand for good brakes, one customer noted that, at least in the first days of October has been low buying activity in the market. Also, though there have been reports about the lack of some brands, market players reported good offer material on the market.

In September, prices of ABS in Europe were prolonged from August, while in August, was left to the level of July.

According to the price review ICIS-MRC, the Russian market there is ABS consumption growth. demand for ABS in Russia in January-August increased by 9% and amounted to 28 thousand. tons.