INEOS Styrolution rolls over ABS prices in December versus November, according to a note on its website.
The announcement comes after an increase in styrene monomer of around €20/mt. But butadiene posted a decrease of €150/mt in December.
This year, acrylonitrile butadiene styrene (ABS) prices have climbed to close to €3,000/mt for many participants. Depending on accounts and type of buyer, prices for some exceeded €3,000/mt.
A relative absence of imports, good demand, short supply, and high costs contributed to the persistent climb in late 2020 and early 2021.
And with little change in market dynamics, prices have remained at high levels for most of 2021, even registering yet another increase of €200/mt in November.