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Article: ABS buyers prepare for price increases after demand bottoms.
- Article from:
- Purchasing
- Article date:
- August 13, 2009
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By Gordon Graff
The good news for buyers of acrylonitrile-butadiene-styrene (ABS) resins is that these materials have dropped steeply in price since late last year. The down-side is that sales of most ABS goods have withered in the same time frame, lessening demand for ABS. And more bad news is building, as mounting economic pressures are forcing ABS producers to boost their prices.
Buyers report ABS purchase prices for the resin retreated by an average of 23% between October 2008 and May 2009, according to Purchasingdata.com. But surveys by Chemical Market Associates, Inc. (CMAI) show that North American demand for ABS in the first six months of 2009 ...