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From January to February 2020, China imported 246,100 tons of ABS resin, with an average import price of US$1,5261/t.
ABS imports in January-February 2020 year-on-year/month-on-month
As can be seen from the above figure, the import volume in January-February 2020 has dropped by 215% year-on-year compared with the import volume in January-February 2019, and compared with the import volume in November-December 2019, it has dropped by 329% month-on-mon.
Data analysis of ABS provinces/producing and selling countries from January to February 2020
From the import data of various provinces, we can see that East China and South China are still the main import areas in China, accounting for about 88% of the total import volume from January to Februa.
From the statistics of producing and selling countries, it can be seen that the import volume from Taiwan Province and South Korea accounted for more than 70% of the total import volume from January to Februa.
Comparative analysis of ABS import costs from January to February 2020
From January to February 2020, the average import price of ABS was US$15261/ton, a year-on-year decrease of US$1127/ton, a decrease of 21%; a slight decrease of US$09/ton, a decrease of 27% from the previous mon.
Outlook for next month's import data
Although the domestic epidemic control has achieved remarkable results, the downstream work resumption rate has increased significantly since late February, boosting the demand for raw materia.
