-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
The ABS price reached 18,000 yuan (ton price, the same below) in mid-October and then peaked and fell.
Market sentiment is pessimistic, prices still have room for downward adjustment
The market sentiment is pessimistic, and the price still has room for downward adjustment.According to industry insiders, an important factor in the unsatisfactory ABS market is the release of new production capacity
At present, the overall operating rate of ABS is around 82%
Wang Chunming, general manager of Shandong Ruiyang Chemical Trading Co.
Looking at the market outlook, although manufacturers have a strong willingness to uphold prices and some brands show signs of a slight rebound due to tight goods, the market is adequately supplied, and business confidence is still insufficient.
Upstream is overwhelmed and the market is in a downward phase
Upstream desperate markets are all in a decline stageUpstream desperate markets are all in a decline stageAs the upstream raw material of ABS, both the butadiene and styrene markets are in a decline stage.
According to Li Min, an analyst at Jinlianchuang, the pressure on the butadiene market has increased because three butadiene plants were put into operation in the second half of the year, that is, the second phase of Zhejiang Petrochemical’s 200,000 tons/year butadiene plant was put into operation in August.
In the early stage, the butadiene market continued to decline, which led to the downstream delisting and wait-and-see.
The styrene market, another raw material, also fell broadly
Looking at the market outlook, some short-term overhaul devices quickly recovered, and there were no new overhauls in the later period, and there are new devices about to be put into production in December
Looking at the raw material acrylonitrile again, the market is dominated by stalemate and shock
Downstream support is unable to supply more and less demand, the trend is difficult to change
Downstream lifting is unable to supply more and less demand is difficult to change the trend is difficult to changeMarket participants such as Li Min said that previously ABS downstream companies were affected by factors such as insufficient domestic demand and limited export orders, and finished product inventories were high.
In addition, starting from mid-to-late September, under the influence of restricted electricity, "dual control" and environmental supervision, downstream operations were once again restricted, while most ABS petrochemical manufacturers maintained normal production.
Judging from the published data on the home appliance industry, downstream demand is not optimistic
At present, with the continuous increase in the national power supply guarantee, the coal stock has broken through and increased, and the power shortage has also been effectively alleviated