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Styrene Acrylonitrile (SAN) Market Prices, Forecasts, and Analysis

Market Update

May 2022

European SAN availability has gradually been increasing in the past few months and the market has become oversupplied in May. The recent higher costs of energy made it hard for buyers to push down prices.

Because of the increasing availability, higher costs are having less influence on prices. Already in May there were rollovers amid increases in raw material costs, namely the styrene contract price registering double digit increases.

The healthy supply should place buyers in a better position than they have been for months. However, the lower domestic activity was not the only reason why buyers faced better availability.

A seemingly increase in imports was also contributing to the increase in supply. The latest data to March shows that in the first three months imports increased compared to the previous two years.

The Asian market is suffering from a fall in demand in China. As seen in other polymers, the lower demand, a more competitive cost position, and lower prices in the region are fuelling exports to Europe. Nevertheless, the lower value of the Euro and disrupted logistics remain headwinds against imports from Asia.

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The GC Intelligence™ Styrene Acrylonitrile (SAN) Market Prices, Forecasts, and Analysis report is published every month. The report covers prices and forecasts of Injection Moulding and Extrusion SAN.

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