In April xxxx, the Asian Acrylonitrile Styrene Acrylate (ASA) market picked up due to stronger automotive demand and smart supplier management. South Korean producers-maintained stability with regular exports and tight inventory control. Meanwhile, although Indian suppliers faced higher import costs, they managed production well enough to keep the market balanced. Strong downstream activity in both regions also helped support positive pricing.
In April xxxx, ASA prices in South Korea inched up to USD xxxx/MT FOB-Busan, supported by steady supply and growing demand from the automotive sector. Local carmakers had a solid month, with the top five reporting a combined xxx,xxx vehicles sold, a x.xxx increase from March. This helped boost demand for ASA, which is commonly used in car parts due to its durability and weather resistance.
Although the construction sector remained under pressure—with a decline in...
