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GermanyIn Q1 2025, Acrylonitrile Butadiene Styrene (Injection Moulding Grade) prices in South Korea continued their downward trend, settling at $1,456/MT FOB Busan, reflecting a 3.42% decrease from Q4 2024. The decline was primarily attributed to subdued procurement activity amid cautious buying sentiment in key downstream sectors such as consumer electronics and appliances. Improved supply availability and stable production levels earlier in the quarter contributed to the price drop. However, the market was impacted in late February by a major power outage that disrupted operations at LG Chem and Lotte Chemical, two of South Korea’s leading petrochemical producers leading to temporary production halts and raising concerns over short-term supply tightness. Despite the disruption, sufficient inventory from previous quarters helped prevent sharp price fluctuations, and demand from the automotive sector provided moderate support moving forward.
In Q4 2024, the Acrylonitrile Butadiene Styrene (Injection Moulding Grade) prices market in South Korea experienced a mild correction, with prices dropping to $1,508/MT FOB Busan, marking a 3.30% decrease from Q3. This price adjustment was influenced by weakened demand from consumer electronics and household appliance sectors, alongside an improvement in inventory levels. Producers adopted a cautious production stance amid year-end slowdowns and moderate feedstock costs. Improved logistics and a relatively stable supply environment helped maintain steady flow, avoiding any sharp volatility despite the seasonal lull.
In Q3 2024, Acrylonitrile Butadiene Styrene (Injection Moulding Grade) prices in South Korea surged to $1,560/MT FOB Busan, representing an 8.17% increase from Q2. This rally was fuelled by strong restocking activity and heightened demand from downstream industries, particularly consumer electronics and automotive manufacturing. Limited feedstock availability and intermittent production disruptions supported bullish sentiment in the market. Additionally, logistical inefficiencies and increased shipping costs added pressure to prices, reinforcing the upward trajectory throughout the quarter.
In Q2 2024, Acrylonitrile Butadiene Styrene (Injection Moulding Grade) prices in South Korea rose to $1,442/MT FOB Busan, marking a 9.77% increase from Q1. The increase was driven by a rebound in demand from automotive and electronics sectors, supported by seasonal restocking trends. Although production ramped up, lingering supply chain inefficiencies and elevated freight rates kept supply tight. Additionally, some feedstock constraints and consistent export volumes helped sustain positive pricing momentum through the quarter.
In Q1 2024, Acrylonitrile Butadiene Styrene (Injection Moulding Grade) prices in South Korea stood at $1,313/MT FOB Busan, showing a 2.03% increase from Q4 2023. This moderate rise was supported by early signs of demand recovery in key industries, including automotive and consumer electronics. Although the market faced relatively steady feedstock costs, producers exercised caution with output amid still-recovering global conditions. Nonetheless, stable buying interest and consistent downstream consumption helped maintain a balanced supply-demand dynamic.
In Q1 2025, Acrylonitrile Butadiene Styrene (Injection Moulding Grade) prices in the Indian domestic market dipped to $1,673/MT Ex-Mumbai, registering a 2.26% decline from Q4 2024. The decrease was influenced by subdued downstream demand from the appliance and automotive sectors, alongside improved inventories, and cautious procurement behaviour. Although South Korea experienced a major power outage in late February—affecting LG Chem and Lotte Chemical—the impact on Indian imports was limited due to existing stock and prior shipment scheduling. Overall, the market remained relatively balanced despite global supply chain concerns.
In Q4 2024, Acrylonitrile Butadiene Styrene (Injection Moulding Grade) prices in India fell sharply to $1,712/MT Ex-Mumbai, marking a 10.80% drop from Q3. This decline was primarily driven by weakened demand across consumer durables and electronics, in addition to reduced import prices from South Korea. Traders in India reported slower year-end order volumes and improved availability, which together contributed to price correction. Global freight easing and currency stability also supported more favourable landed cost structures for importers.
In Q3 2024, Acrylonitrile Butadiene Styrene (Injection Moulding Grade) prices in India rose to $1,919/MT Ex-Mumbai, an increase of 3.99% over Q2. The upswing was fuelled by sustained demand from the automotive and packaging industries, as well as robust restocking activity. Limited supply availability in the region due to tighter allocations from South Korean producers, coupled with higher freight charges and tight vessel space, also contributed to the rise in prices.
In Q2 2024, Acrylonitrile Butadiene Styrene (Injection Moulding Grade) prices in India surged to $1,846/MT Ex-Mumbai, reflecting a strong 13.83% growth from Q1. This was driven by a notable increase in demand from OEMs and processors, coinciding with seasonal recovery in production activity. Rising prices in South Korea, along with logistical challenges and container imbalances, added upward pressure to Indian domestic pricing.
In Q1 2024, domestic Acrylonitrile Butadiene Styrene (Injection Moulding Grade) prices in India edged up slightly to $1,621/MT Ex-Mumbai, recording a 0.60% rise from Q4 2023. This modest gain was supported by stable demand from the automotive and consumer goods sectors, even as import offers from South Korea remained consistent. Traders noted a balanced supply scenario and cautious optimism in purchasing behaviour during the early part of the year.
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ABS (Acrylonitrile Butadiene Styrene) is a durable and impact-resistant thermoplastic used in automotive parts, electronics, and 3D printing. It offers strength, rigidity, and resistance to heat and chemicals.
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PriceWatch Quotation Terms:
Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.
| Property | Specification |
| Melt flow index 220 °C/10 kg | 19-25 gm/10 min |
| Specific gravity | 1.03-1.05 |
| Mould shrinkage | 0.3-0.7 % |
| Izod Impact Strength(notched) 1/4″, 23°C | 17-26 KJ/m2 |
| Rockwell Hardness | 105-110 R-scale |
| Tensile Strength at yield (50mm/min) | 48-54 MPa |
| Drying time | 2-4 hours |
Applications
Acrylonitrile Butadiene Styrene (ABS) is a versatile thermoplastic used in a broad array of applications due to its strength, rigidity, and impact resistance. In the automotive industry, it is employed for both interior components like dashboards and exterior parts such as bumpers. In consumer electronics, ABS is used for device casings and peripherals like keyboards. It features prominently in home appliances, including vacuum cleaners and refrigerators, as well as in toys. ABS is also popular in 3D printing as a filament, in medical devices for its biocompatibility, and in construction for pipes and electrical conduits. Additionally, it is used in sporting goods like helmets, musical instruments, and various plastic furniture items. Its ability to be moulded into complex shapes and its durability make it an ideal choice across these diverse fields.
ABS pricing is mainly affected by the cost of its primary feedstocks—Acrylonitrile, Butadiene, and Styrene. In addition, fluctuations in energy costs, production capacities, and regional market conditions contribute to its final cost.
Rising prices of Acrylonitrile, Butadiene, or Styrene typically drive up the overall cost of ABS. Similarly, increased energy costs during production can lead manufacturers to adjust pricing upwards, while decreases may enable cost savings.
Geopolitical developments, environmental regulations, and shifts in demand from industries such as automotive and consumer electronics all play a role in ABS pricing. Keeping abreast of global supply chain trends and regional production changes can help buyers negotiate better terms.
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