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Markets :: Basic Chemicals :: Petrochemicals :: Styrene
December 22, 2008 | Chemical Week Editorial Staff
Prices U.S.: $1.08-$1.12/lb del, Nov. contracts EUROPE: €1,534-€1,625/m.t. del, Nov. ASIA: $1,300-$1,500/m.t., c&f, China Outlook Global acrylonitrile butadiene styrene (ABS) demand is expected to grow at 4.5%/year, reaching 8.1 million m.t. in 2012, says SRI Consulting (SRIC; Menlo Park, CA). Demand in China, which accounted for 60% of demand last year, is expected to rise by about 6.4%/year, SRIC says. World capacity for ABS totaled 8 million m.t. as of March 2008, SRIC says. Asia accounted for about 80% of global production last year, with North...
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