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This week, the ABS market quotation first stabilized and then rose, and the East China market was more stable than the South China market
.
Especially after Wednesday (July 13), the South China (Dongguan) market was mixed, but the East China (Ningbo) market continued to rise
steadily.
From the perspective of growth, the overall increase in the East China market this week is about 200-250 yuan / ton, and the gap between the growth rates of various brands in the South China market has widened
.
This week, the main inventory of styrene in East China is falling slightly, and the mainstream market is holding goods to raise prices and sell, coupled with the continuous sharp rise of the styrene market, there is still room for testing operations in the short term
.
In addition, domestic production enterprises actively supplement the increase to follow up; The sharp rise in Shanghai rubber futures in the middle of the week boosted the confidence of the industry's operation, the butadiene spot market was calmly sorted out, and the shipments of northeast manufacturers were acceptable, supporting market sentiment
.
After mid-July, ABS may continue to consolidate at a high level, and it is easy to rise and fall in the short term, and it is expected that the ABS market will continue to rise
next week.
