IMG_3972European market players acrylonitrile-butadiene-styrene (ABS) have agreed on May EUR10 rates per ton higher than the level of April reported ICIS market sources.

This increase in prices for Extrusion grade was slightly higher against the background of good demand.

Demand for injection molding grades of ABS was slightly lower than in April, and also lower compared with the same period last year, as strong demand, which was observed in recent months, declined.

One of the producers of the material said that in June, a proposal on the ABS market should increase, which will give the market the opportunity to return to the old, lost in the current month position.

Another manufacturer said, “Our May shipments were 5% lower than previously expected, due to lower consumer interest.”

According to the price review ICIS-MRC, the Russian market the ABS last week there was a decrease in prices. Earlier this week, trading companies announced significant decrease in spot quotations of imported ABS background sell old stock. Among the main suppliers of ABS were Samsung, LG Chem and Styrolution in Russia in the first four months of the year.