After the holiday, the domestic ABS market may fall more or less

The start of downstream home appliances has generally declined, and the operating rate of the air-conditioning industry has fallen by 19%, and the air-conditioning industry has a great
impact on ABS.
The resumption of production of downstream small and medium-sized factories is relatively slow, and demand is at a low level
for a short time.

Styrene accounted for the largest proportion of the three major raw materials, but the rise in January was small, butadiene volatility upward trend, but the impact is still not large, acrylonitrile shock higher, the impact is enhanced, styrene and acrylonitrile in January have the greatest impact, butadiene is smaller
.

Styrene: From February to March, Asia, Europe and the United States are in the concentrated maintenance season, it is expected that the import arrival replenishment is insufficient, the accumulation rate of inventory is difficult to accelerate, the optimism of merchants after the Spring Festival still exists, at the same time, after the strong trend in January, the market insiders have also increased the psychological price of the bottom of the styrene market
.
However, it is undeniable that near the Spring Festival holiday, downstream factories face the lack of intention to stock high-priced raw materials, and some will be closed in advance, and the phased oversupply situation will significantly suppress the market
.
Therefore, on the whole, the styrene market in February does not rule out a brief correction before the holiday, but the overall price range will remain high
.

Butadiene: Next month, although there is no obvious inventory pressure from northeast manufacturers, traders have limited low-priced supplies, coupled with the high price of the external market, supporting the domestic market mentality, but with the later import sources of goods arriving in Hong Kong, and some downstream rubber factories have entered the holiday state, the market demand side is gradually weakening, and with the Spring Festival holiday approaching, traders are gradually delisted, the market situation will be difficult to have obvious fluctuations
.
After the Spring Festival, the demand of downstream manufacturers recovered slowly, and near the end of the month, the market situation is difficult to follow
.
In summary, it is expected that the domestic butadiene market will maintain a volatile finishing trend
next month.

Acrylonitrile: The acrylonitrile market is likely to continue to move higher
in February.
From the perspective of raw materials, the short-term propylene market or high-level consolidation is the mainstay, and the cost is favorable
.
On the supply side, manufacturers have no maintenance plan, and the supply side is stable
.
Near the end of the month, manufacturers continue to make up for the rise, the market is bullish, and the current situation of tight goods cannot be alleviated
for a while.
On the whole, the market will continue to move higher
next month.

The largest ABS trend of raw materials in February was styrene
.
The market mentality is more tangled, due to the decline in demand, some merchants have a bearish mentality; Market middlemen and downstream manufacturers have low inventories, and some market merchants in South China have a slight bullish sentiment
.
It is expected that the market will fall more or less
after the holiday.