In the global market the price of the Acrylonitrile Styrene Acrylate (ASA) price witnessed an increment in July. This increment in the ASA price has counteracted the feedstock price in the major producing countries like South Korea. Challenging suppliers鈥� actions along with the increasing freight charges sharply has cumulatively played a key role in influencing the ASA price rise in the global market.
In the South Korean market, the price of ASA marked an increment of x.xx, reaching xxxx USD/MT FOB-Busan. This increase is noteworthy amidst a backdrop of declining feedstock prices, with Acrylonitrile, Styrene, and Acrylate Monomer prices decreasing by x.xxx, x.xx, and x.xxx respectively in July. In the downstream market, the automobile sector reported xxx,xxx units sold in July, reflecting a x.xx month-on-month decrease and a x.xx year-on-year decrease. The construction sector also posted underperformance during this period. Hanwha Co., Ltd, a major construction...
