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United KingdomBy Q1 2025, Acrylonitrile Styrene Acrylate (Injection Moulding grade) prices in South Korea rebounded to $2455/MT FOB Busan, marking a 1.16% increase from Q4 2024. The price recovery was primarily fuelled by renewed demand from the automotive, construction, and electronics sectors, which picked up momentum as economic activity improved at the start of the year. Additionally, supply chain adjustments and improved trade routes contributed to a more balanced market, preventing excess supply from weighing down prices further. As a result, ASA pricing reflected a modest but steady upward trend heading into 2025.
In Q4 2024, the Acrylonitrile Styrene Acrylate (Injection Moulding) market in South Korea saw another slight dip, with prices settling at $2427/MT FOB Busan, a 0.47% decrease from Q3. While seasonal demand from the packaging and consumer goods sectors provided some support, overall consumption remained moderate. The availability of material in the market remained steady, and manufacturers adjusted production to align with demand. Although freight disruptions and high shipping costs persisted, they were not enough to drive significant price increases, keeping the market in a stabilized state.
In Q3 2024, the Acrylonitrile Styrene Acrylate (Injection Moulding) market in South Korea experienced a slight decrease in prices due to stabilizing demand. Prices were recorded at $2440/MT FOB Busan, reflecting a 0.89% dip from Q2. The market slowdown was influenced by easing consumption in the automotive and construction sectors, while improved production rates helped balance supply. Additionally, persistent logistical challenges, including equipment shortages and congestion at key Asian ports, prevented a sharper decline in prices despite the softer demand.
In Q2 2024, Acrylonitrile Styrene Acrylate (Injection Moulding) prices in South Korea dipped further to USD 2460/MT FOB Busan, reflecting a slight decrease of 0.64% from the previous quarter. This decline was influenced by ongoing supply chain disruptions, including port congestion across Asia and equipment shortages. Moreover, a slowdown in global automotive production—one of ASA’s primary end-use sectors—led to reduced demand. Broader economic uncertainty, coupled with volatility in the Styrene feedstock market, added to the downward pressure on ASA prices during this period.
In Q1 2024, the global Acrylonitrile Styrene Acrylate (Injection Moulding) market displayed mixed trends, with prices in South Korea reported at USD 2476/MT FOB Busan, reflecting a slight decrease of 3.7% from the previous quarter. This drop was mainly attributed to subdued demand from key industries, including automotive and construction, alongside an overall reduction in consumer activity post the 2023 peak. However, demand from the packaging sector remained resilient, driven by seasonal factors such as the Lunar New Year, which increased packaging material needs in South Korea and the broader Asia-Pacific region.
In Q1 2025, Acrylonitrile Styrene Acrylate (Injection Moulding) prices in the Indian domestic market fell sharply to $2677/MT Ex-Bhiwandi, registering a 5.72% decline from the previous quarter. The downturn was mainly attributed to continued weak demand from the automotive and appliance sectors, where ASA is widely used for components such as radiator grills, side mirror housings, and exterior trim panels. Several OEMs operated at reduced capacity due to a buildup of finished goods inventory and lacklustre retail sales. On the supply side, imports from South Korea remained abundant and aggressively priced, as Korean producers diverted surplus material to overseas markets amid slow regional consumption. This influx of low-cost cargo further eroded domestic pricing. Moreover, with feedstock markets like acrylonitrile and styrene showing limited cost support, Indian buyers were hesitant to restock, anticipating additional softness ahead.
In Q4 2024, ASA (Injection Moulding) prices dropped to $2839/MT Ex-Bhiwandi, down 2.17% from the previous quarter. The seasonal slowdown in industrial activity, along with tepid demand for automotive exterior parts and appliance housings, weighed on procurement volumes. Many manufacturers had front-loaded purchases earlier in the year and adopted a conservative approach in Q4 due to sluggish downstream orders. Meanwhile, steady import arrivals from South Korea—driven by weak domestic demand in that market—continued to saturate the Indian supply base. Competitive import offers and flexible shipment timelines kept domestic distributors from raising prices.
In Q3 2024, Acrylonitrile Styrene Acrylate (Injection Moulding) prices slid to $2902/MT Ex-Bhiwandi, down 0.74% from Q2 levels. The Indian monsoon season dampened infrastructure and appliance-related consumption, while the automotive sector saw uneven recovery, particularly in exterior plastic parts such as mirror covers, rear spoilers, and grilles. Although production at Indian processors remained moderate, regular arrivals of Korean-origin ASA ensured sufficient availability. Buyers remained cautious in procurement, preferring to maintain lean inventories amid expectations of prolonged price weakness.
During Q2 2024, domestic Acrylonitrile Styrene Acrylate (Injection Moulding) prices edged slightly lower to $2924/MT Ex-Bhiwandi, a 0.59% drop from Q1. Demand from construction plastics and durable consumer goods remained stable but unexceptional, while automotive component production—especially non-structural exterior parts like radiator grills and side mirrors—remained below expectations due to limited new vehicle launches. With no major upward pressure from raw material prices and strong supply inflows from South Korea, market sentiment stayed soft, and most procurement was short-term, or contract based.
In Q1 2024, Acrylonitrile Styrene Acrylate (Injection Moulding) prices averaged $2941/MT Ex-Bhiwandi, down 0.69% from Q4 2023. Seasonal trends and cautious buying led to subdued market activity. End-use segments such as automotive and appliance moulding witnessed only modest activity, with OEMs prioritizing leaner production schedules early in the year. Despite stable demand for ASA in applications like side mirror housings and decorative panels, the presence of low-cost Korean imports provided ample availability, preventing any notable price rebound during the quarter
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Molecular Weight[g/mol]
CAS No
HS Code
Molecular Formula
Acrylonitrile Styrene Acrylate (ASA) is a high-performance thermoplastic known for its exceptional weather resistance, making it ideal for outdoor applications. It combines the toughness of acrylonitrile, the rigidity of styrene, and the superior UV and chemical resistance of acrylate, resulting in a durable material that withstands harsh environments without fading, cracking, or losing its mechanical properties. ASA offers excellent colour retention and impact strength, making it a popular choice for automotive parts, roofing, outdoor furniture, and signage. Its low-gloss finish and easy processability further enhance its versatility across various industries.
Packaging Type
Grades Covered
Incoterms Used
Synonym
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 Rate | 6 g/10min |
| Specific Gravity | 1.08 |
| Molding Shrinkage (Flow), 3.2mm | 0.4~0.7 |
| Tensile Strength, Yield | 48.0 MPa |
| Elongation at Break | 20% |
| Drying Temperature | 70.0 - 80.0 °C |
Applications
Acrylonitrile Styrene Acrylate (ASA) is a versatile thermoplastic known for its excellent weather resistance, making it ideal for outdoor applications. One of its primary uses is in the automotive industry, where it is employed for exterior components such as mirror housings, grilles, and roof trims due to its UV and chemical resistance. ASA is also widely used in construction materials, including roofing, siding, and window profiles, because it can withstand harsh environmental conditions without fading or losing strength. In the consumer goods sector, ASA is found in products like garden tools, sporting equipment, and outdoor furniture, offering durability and colour retention over long periods. Additionally, ASA is valued in the electrical and electronics industry for protective housings and covers due to its mechanical robustness and resistance to yellowing. Its high resistance to heat, moisture, and impact makes it suitable for applications where aesthetics and long-term performance are critical.
The price of Acrylonitrile Styrene Acrylate (ASA) is influenced by multiple factors, including the cost of raw materials like acrylonitrile, styrene, and acrylic ester, which fluctuate based on crude oil prices. Market demand from key industries such as automotive, construction, and consumer goods also plays a critical role. Additionally, external factors like supply chain disruptions, freight costs, geopolitical issues, and environmental regulations can further drive pricing volatility. Monitoring the prices of feedstocks and global economic trends is essential for anticipating ASA price movements.
Supply chain disruptions, such as port congestion, freight rate increases, and logistical bottlenecks, significantly affect ASA prices. For instance, delays in raw material imports, equipment shortages, and rerouting of shipping routes can lead to supply-demand imbalances, pushing prices higher. Procurement heads should also consider regional disparities in supply, with countries like South Korea being major players in ASA production. Staying updated on global supply chain conditions helps mitigate cost uncertainties.
The price of ASA is closely tied to fluctuations in its feedstocks: acrylonitrile, styrene, and acrylic ester. Any significant changes in crude oil prices directly influence the cost of these materials, which can either push ASA prices up or down. Additionally, geopolitical tensions, refinery shutdowns, and environmental policies impacting raw material availability contribute to the volatility.
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