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In the past 2019, it was the most turbulent year for the international crude oil mark.
In general, the ABS market did not change much in the first quarter, with small movements in some parts, and the popularity was slightly fl.
The above picture shows that in 2019, the prices of mainstream brands in the ABS market in China Plastics City are affected by the decline in automobile production and sales, the slowdown in the growth rate of home appliances, and the pressure on ABS sal.
The trend of styrene in Zhangjiagang
In 2019, the trend of styrene was relatively stable compared with last year, with the largest gap between late September and early Octob.
ABS production capacity and downstream demand
In 2019, the domestic ABS production statistics were 9346 million tons, an increase of about 89% over last year and a record hi.
In 2019, the overall sluggish performance of the home appliance market has not improv.
To sum up, due to the weakening fundamentals of the ABS market and the unsatisfactory performance of the upstream market, it may be difficult for the ABS market to support a bright upward trend in the short te.
