China's LG Yongxing is considering lowering run rates its acrylonitrile-butadiene-styrene plant due to poor demand, a company source said Tuesday.
The 700,000 mt/year plant in Ningbo is currently running at 70%, the source said.
"The market is bad. There is no support," the source said.
Asian ABS prices were assessed last Wednesday at $1,965/mt CFR China, down $70/mt week on week.
