About HKTDC | Media Room | Contact HKTDC | Wish List Wish List () | My HKTDC |
Save As PDF Print this page
Qzone

China Sourcing Update: Raw Material Prices Hard Goods (Dec 2017)

Raw Material Prices: Hard Goods

1. Price index of ABS resin goes up in December

The price index of ABS resin rose by 1.7% mom in December, posting month-on-month gain for two consecutive months.

In our view, the major factor behind the increase in the prices of ABS resin in the last couple of months was an improved demand from manufacturers of home appliances, a major downstream sector of ABS resin.

Looking ahead, we expect the prices of ABS resin to hover around the current levels in the near term as the downstream demand for the resin is likely to be stable.

Please click to read the full report.

Content provided by Fung Business Intelligence
Comments (0)
Shows local time in Hong Kong (GMT+8 hours)

HKTDC welcomes your views. Please stay on topic and be respectful of other readers.
Review our Comment Policy

*Add a comment (up to 5,000 characters)