In April, the price of Acrylonitrile Styrene Acrylate (ASA) declined, largely due to lower prices from major exporters like South Korea. Despite rising prices of Acrylonitrile and Styrene in the feedstock market, the Acrylate monomer experienced a notable decline. Decreased demand from downstream sectors like Automobile and Construction contributed to lower ASA consumption, resulting in surplus supply and declining prices. This shift in supply and demand dynamics led to the ASA price decline observed in April.
In the US market, Acrylonitrile Styrene Acrylate (ASA) prices have experienced a notable decrease this month, reaching xxxx USD/MT CFR-Texas. Within the automotive sector, April saw a total of x,xxx,xxx new vehicles sold, indicating an x.xx decrease compared to March and a x.xx decline compared to April xxxx. The manufacturing sector faced challenges in April, witnessing a decrease in new orders for the first time in xxxx. Despite this, production remained...
