Robust China’s Demand Drives ABS Plastic Exports from South Korea
Oct 11, 2021
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South Korea remains the world’s largest supplier of primary ABS copolymers, accounting for 46% of global exports. Robust demand from China propels the growth of South Korea’s shipments. In the first seven months of 2021, the export value increased by +60% against the same period of 2020. Last year, ABS copolymer exports from Korea reached $2.1B. China, Hong Kong SAR and Turkey constitute the leading importers of Korean ABS plastics. In 2020, the average ABS copolymer export price country's amounted to $1,521 per ton, down by -7.9% against the previous year.