LONDON (GC Intelligence) – INEOS Styrolution announced that it will lower Acrylonitrile Butadiene Styrene (ABS) prices in November, according to a note on its website.
The global styrenics supplier said that the gross market price of ABS in Europe from 1st of November will be decreased by €25/mt from October prices.
This announcement comes against a backdrop of falling cost of its main raw material, namely styrene monomer (SM) prices in November decreasing around €65/mt from October.
ABS is used in automotive, such as trim components, medical devices, electrical and electronic assemblies, kitchen appliances, and toys.