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ABS market midday review on June 21

 Last Update: 2022-12-11
 Source: Internet
 Author: User

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Yesterday, the ABS market was generally stable, and the quotations of some grades were adjusted
downward.
Overnight, upstream styrene prices plummeted, merchants lacked confidence, and market trading continued to be
deadlocked.
The purchase intention of downstream factories is not high, buyers and sellers hold a wait-and-see mentality, market demand is flat, and the actual transaction is mainly
demand-based.

ABS

Market reference: North China market quotations fell steadily, Yongxing 121H reported 16100 yuan / ton; Ningbo market prices generally declined, Ning15A1 reported 15900 yuan / ton; Dongguan market quotations fluctuated and fell, and Zhenjiang 757K reported 14420 yuan / ton
.

Today's Forecast: ABS market prices are expected to remain partially lower
today.

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