Chemical News
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China's LG Yongxing may lower ABS run rates due to poor demand
https://www.chemnet.com May 16,2012 Platts
China's LG Yongxing is considering lowering run rates its acrylonitrile-butadiene-styrene plant due to poor demand, a company source said Tuesday.
The 700,000 mt/year plant in Ningbo is currently running at 70%, the source said.
"The market is bad. There is no support," the source said.
Asian ABS prices were assessed last Wednesday at $1,965/mt CFR China, down $70/mt week on week.
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