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ETPs: Weaker auto sales put brake on prices

from European Plastics News

Engineering plastic prices stabilized during the third quarter as automotive demand cooled. There were small gains for ABS, polycarbonate and PMMA during the quarter; POM and PBT were stable while polyamide prices fell slightly. ABS prices moved in tandem with the feedstock cost mix during the third quarter in a well-balanced market. In July, ABS black/white grade prices increased by 30 euro/ton following a 82 euro/ton leap in the cost of styrene monomer (SM). more

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