Product
Styrene Acrylonitrile Resin Price Trend and Forecast
Styrene Acrylonitrile Resin Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of Styrene Acrylonitrile Resin in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
For the First Half of 2022
Asia
The prices of Styrene Acrylonitrile Resin or SAN surged during the first quarter in the Asian market. The inflated crude oil prices affected the petrochemicals industry causing a rise in the prices of feedstock styrene and acrylic acid. The robust demand from the pharmaceutical and healthcare industry further added to the raised quotation.
With the resurgence of covid-19, the government imposed strict restrictions causing factories to halt production. As a result, the supply lines constricted further causing the prices of Styrene Acrylonitrile Resin ( SAN ) to average 1947-2000 USD/MT CFR Qingdao.
However, even after the removal of covid restrictions, the production rates did not return to the optimum levels because of the uncertain supply and complex logistics. The market volatility coupled with the cautious buying activity of buyers amid the dwindling demand drove the prices of SAN down. The price of feedstock styrene and acrylic acid averaged 1221 USD/MT and 13,939 RMB/ton (approx.) respectively in June 2022.
Europe
The Russian-Ukraine geopolitical conflict directly impacted the European region causing double-digit inflation which the cost crunch effect pinching consumer demand. The inflated crude oil prices owing to the European embargo on Russian oil and sanctions against Russian exports triggered an acute energy crisis in the region. The prices of SAN reached 3110-3210 USD/MT FD Rotterdam during the first quarter.
The robust demand from the downstream cosmetics, automotive and healthcare sectors further drove the prices. The high inputs cost affected the profitability of the manufacturers. The prices of feedstock acrylonitrile averaged 1788 USD/MT while that of SAN averaged 3031 USD/MT towards the end of the second quarter.
North America
The price trends for Styrene Acrylonitrile Resin ( SAN ) closely mirrored the global outlook. The inflated crude oil costs, complex logistics, labour shortages and booming downstream demand caused the SAN prices to surge averaging 3380-3470 USD/MT FOB Texas.
With the government rolling out contractionary policy to control inflation and baulking of buyers due to the looming threat of recession the market demand dwindled slightly. The prices of SAN kept stable throughout the second quarter averaging 3510 USD/MT FOB Texas.
Procurement Resource provides latest prices of Styrene Acrylonitrile Resin. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
Styrene Acrylonitrile Resin (SAN) is an optically transparent copolymer of styrene and acrylonitrile. It comprises 70-80% by weight styrene and 20-30% acrylonitrile. It is an efficient alternative to polystyrene owing to its higher durability, strength, and thermal resistance. The glass transition temperature of the said copolymer is greater than 100°C, thus, making it immune to boiling water.
Product Details
| Report Features | Details |
| Product Name | Styrene Acrylonitrile Resin |
| HS CODE | 39032000 |
| CAS Number | 9003-54-7 |
| Industrial Uses | Food Containers, Packaging Materials, Kitchenware, Optical fibres, Electrical Appliances |
| Chemical Formula | (C8H8)n-(C3H3N)m |
| Synonyms | SAN, Styrene Acrylonitrile |
| Molecular Weight | Variable |
| Supplier Database | INEOS, Samsung Cheil Industries, Ningbo LG Yongxing Chemical, Styron, Sabic Innovative Plastics, Formosa Plastics Group |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Processes
- Production of Styrene Acrylonitrile Resin from Styrene and Acrylonitrile
Styrene Acrylonitrile Resin is produced by continuous mass polymerization, suspension, and emulsion. The two compounds, namely Styrene and Acrylonitrile, are mixed in bulk liquid form or as a water-based emulsion or suspension. The polymerization occurs in the presence of free-radical initiators. However, the impact resistance of this copolymer is not satisfactory; hence, it is often mixed with butadiene rubber to produce a more robust product called acrylonitrile-butadiene-styrene copolymer.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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