VIDEO: Asia ABS propped by US Gulf Storms, strong post-Lunar New Year sentiment
Julia Tan
26-Feb-2021
SINGAPORE (ICIS)–Markets reporter Julia Tan discusses the impact of recent polar storm-related production outages in the US on the Asian acrylonitrile-butadiene-styrene (ABS) spot market and related upstream markets. The production losses in the US has indirectly supported market sentiment for Asian spot markets amid stronger post-Lunar New Year purchasing attitudes.
- Tight supply persists in the Asian ABS spot markets
- Force majeures tighten US ABS supply
- Market sentiment buoyant
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