ABS prices jump over 11% in a week on rising feedstock costs, supply constraints

China's ABS prices bounced significantly over the past week, surging more than 11% from early July levels, as rising feedstock costs, tight supply, and geopolitical tensions fueled strong bullish sentiment across the market.

China's ABS prices staged a sharp rally over the past week, surging more than 11% from early July levels, as rising feedstock costs, tight supply, and geopolitical tensions fueled strong bullish sentiment across the market. 2024-2026 China ABS Price Trend (Unit: Yuan/t) Source: OilChem OilChem's data showed that as of July 14,