Industry sources said on April 18 that due to the global economic weakness affecting China's synthetic resin consumption, it is expected that demand for ABS and styrene-acrylonitrile copolymer (SAN) in Asia will continue to weaken and prices may decline further. It is expected that this situation may be prolonged. Until June. ICIS data shows that in early April, Asian ABS prices fell to less than 2,100 US dollars (tons, the same, CFR, Northeast Asia), the peak in early March this year had reached 2230 US dollars (CFR, Northeast Asia). The price of SAN resin also fell from the peak of 1935 US dollars (CFR, Northeast Asia) in late February to 1,800 U.S. dollars this month (CFR, Northeast Asia). At present, the prices of raw materials for styrene, acrylonitrile and butadiene are still at a high level. The cost of raw materials for ABS production is about US$1,937, and the difference with ABS resin is only US$160. Most producers maintain a profit requirement of US$300. Epp Packaging,Epp Packaging Box,Epp Packaging Foam,Epp Foam,EPP foam box Taizhou Tianma Plastic Products Co. LTD , https://www.tztmslepp.com