アクリロニトリル ブタジエン スチレン (ABS) 価格、価格動向、ニュース、モニター |アナリストジャパン

 

North America

 

The North American acrylonitrile butadiene styrene (ABS) market was subdued in the fourth quarter of 2023 mainly due to abundant supply and weak demand in the automotive sector.

 

According to the National Automobile Dealers Association (NADA), new car sales (seasonally adjusted annual rate (SAAR)) in November 2023 were 15.3 million units, showing a downward trend for the second consecutive month. The number of new light vehicles in stock (combining the number of vehicles in stock and the number of transported vehicles) has been 2.15 million since November, and has been gradually increasing throughout the month. By the end of this month, the total inventory of new light vehicles had surged to 2.33 million units, an 8.3% increase from the previous month, reaching a 20-month peak.

Downstream demand for ABS experienced a notable decline throughout the quarter due to expanding inventory levels in the domestic auto industry. Oversupply has exacerbated the bearish situation in the ABS market. Furthermore, since the conclusion of the agreement in October 2023, external factors such as reduced manufacturing activity and weak domestic demand have played an important role in shaping ABS price trends, and this trend remained prominent even into the fourth quarter. followed. There is.

Check Acrylonitrile Butadiene Styrene (ABS) price in real time:  https://www.analystjapan.com/Pricing-data/acrylonitrile-butadiene-styrene-abs-1

 

Asia

 

The acrylonitrile butadiene styrene (ABS) market in the APAC region exhibited an overall bearish trend in Q4 2023, with moderate to high supply and weak demand fundamentals. The market witnessed a decline in inquiries in the regional market due to inventory clearing strategies adopted by market participants towards the end of December 2023. Japan's ABS prices fell by 4.9% in November 2023, recording the largest change and showing a downward trend year-on-year. This is due to sluggish transactions in regional markets and high production inventory levels. Demand in the Japanese market remained weak in the fourth quarter, with little demand in the downstream automotive industry. The latest price of ABS Injection Molding FOB Tokyo in Japan for Q4 2023 is USD 1266/MT. Factory closures in the region, including Taita Chemical in Kaohsiung, Formosa Chemical in Melio, and textiles, also affected market sentiment. At the same time, China's domestic ABS prices have shown a downward trend, reflecting the downward trend in imported ABS prices observed in both markets. The sustained decline has made Chinese materials more competitive in Southeast Asia. In addition, the upstream crude oil market has become noticeably volatile, and the drop in the price of raw material styrene, which hit its lowest price in three months, has further worsened market sentiment. Lower costs and a sustained decline in downstream demand are putting pressure on sellers to reduce inventory, leading to lower ABS prices.

 

Europe

 

The acrylonitrile butadiene styrene (ABS) market in the European region showed a bearish trend in the fourth quarter of 2023 (October-December) due to various factors. First, ABS prices in the UK and German markets fell by 4.2% and 3.6%, respectively, due to the slowdown in downstream consumption trends and abundant inventories in the automotive industry. Second, rising inventory levels have shrunk the profit margins of his ABS producers, forcing sellers to temporarily reduce profit margins and adjust prices amid downstream market uncertainty. Masu. Third, market participants' sense of out-of-stock pressure weighed on the product's price momentum. Germany experienced the largest change in price trends, with weak market conditions and high to moderate supply levels. German ABS prices fell 43% quarter-on-quarter, with a price ratio of -7% between the first half and the second half. The price/earnings ratio for the current quarter and the year-ago period was -45%. The latest price for ABS composite grade FD Hamburg in Germany for Q4 2023 is USD 1619 per MT.

Quarter ending June 2023

North America

 

ABS (acrylonitrile butadiene rubber) prices in the U.S. market for the quarter ending June 2023 were driven by continued weakness in demand in the North American automotive and residential sectors, lower raw material styrene costs, and abundant inventories across the United States. This was a contributing factor. It is controlled and fluctuates within a narrow range. Regional market. Manufacturer sales and profit declines reflect the challenging global economic environment, with macroeconomic factors weighing on product performance in the second quarter of 2023. In the first half of the second quarter, downstream demand in the automobile industry was affected by inflation. Availability pressure. Meanwhile, the decline in inquiries in the housing sector was mainly due to the slowdown in the housing sector in the region due to the Federal Reserve's interest rate hike to limit inflationary pressures on US market participants at the beginning of the quarter. These severe financial conditions and inflation have caused consumers to temporarily suspend their purchasing appetite, and have had a decisive impact on the ABS price debate in the US market. At the end of this quarter, the US Department of Homeland Security (DHS) banned imports from China to eliminate forced labor practices from the US supply chain, spurring ABS market momentum in the international market. . , market authorities banned imports into China. Prices are as of the end of June 2023. These harsh financial conditions and inflation have caused consumers to temporarily suspend their purchasing appetite, which has had a decisive impact on the ABS price debate in the U.S. market. At the end of this quarter, the US Department of Homeland Security (DHS) banned imports to China to eliminate forced labor practices from the US supply chain, spurring ABS market momentum in the international market. , market authorities banned imports into China. Prices are as of the end of June 2023. These tough financial conditions and inflation have put a pause on consumer purchasing appetite and are having a decisive impact on the ABS price debate in the US market. At the end of this quarter, the US Department of Homeland Security (DHS) banned imports from China to eliminate forced labor practices from the US supply chain, spurring ABS market momentum in the international market. . , market authorities banned imports into China. Prices are as of the end of June 2023.

Check Acrylonitrile Butadiene Styrene (ABS) price in real time: https://www.analystjapan.com/Pricing-data/acrylonitrile-butadiene-styrene-abs-1 

About Us:

ChemAnalyst Company is a research-based management/consulting organization providing market research and advisory solutions to customers worldwide. We provide comprehensive research strategies, innovative solutions, and professional market intelligence services in a variety of fields, including petrochemicals, raw materials, polymers, resins, specialty chemicals, and bulk chemicals.

ChemAnalyst Company's vision is to provide highly quality market research and consulting services that help our customers identify new market opportunities, capture market share, and explore growth potential. Our market research reports not only contain data and information but also valuable insights in a user-friendly format. These reports are compiled through thorough primary and secondary research involving industry experts, channel partners, and government representatives. Additionally, we use forecasting techniques such as regression analysis, time series analysis, and quantitative decision analysis to accurately determine market size and produce insightful research reports.

ChemAnalyst Company is dedicated to meeting the market research needs of customers worldwide by employing comprehensive qualitative and quantitative methods. Our management team is comprised of industry-trained analysts and consultants, and with offices in North America and Asia Pacific, we are positioned to serve clients around the world.