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On February 29, the trend of the main domestic ABS market continued to favor, and some grades continued to rise last week
.
However, the trading atmosphere is light, and traders operate with the market
.
The demand side of downstream users is general, and they hold a wait-and-see mentality
.
On Friday (February 26), Asian styrene market quotations rose, F0B South Korea rose 8 US dollars to close at 1003-1004 US dollars / ton; CFR China rose $8 to settle at $1030-1031/mt
.
In the spot market, the quotation of the ABS market rose slightly, the negotiation atmosphere in the market was flat, and the digestion of the supply was slow
.
Ningbo ABS market quotation is higher, the quotation is chaotic, the negotiation atmosphere is acceptable, but the transaction is deadlocked, and some high-end offers lack transaction follow-up
for the time being.
Most of the supply is abundant, and some are slightly tighter
.
Some of the ABS market in Dongguan rose widely, and some grades rose
slightly.
The merchant mentality is better, the actual intention to push up is strong, the negotiation atmosphere is general, and the transaction is not much
for the time being.
The overall supply is abundant, and some grades are slightly tight
.
The ABS market was generally stable
.
Merchants continue to wait and see, downstream demand remains flat, and on-demand is still the mainstream
.
It is expected that the ABS market will be in the period of finishing operation in the near future
.
