Japan Chemical Trading Blog
Strong Demand for ABS Resin
Japan ABS Resin Industry Association announced that the ABS shipping volume in May rose 5% year-over-year to 28,652 tons. While the domestic shipment was strong with a 10% increase, exports fell 3% from the previous year.
ABS Resin is a plastic made from A (Acrylonitrile), B (Butadiene) and S (Styrene): ABS stands for their initials. It has excellent shock resistance, formability and hardness and is used to manufacture home appliances and car components.
Although domestic shipments increased for 9 consecutive months, exports dropped below 10,000 tons for the first time in the 4 months since January; its future development is a concern.