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Operational characteristics of the domestic ABS market in 2019
Operational characteristics of the domestic ABS market in 2019The volatility range is narrowed, and it is difficult to see big rises and falls
The volatility range is narrowed, and it is difficult to see big rises and fallsIn 2019, the domestic ABS market first fell, then rose, then fell, and finally rose in shock
.
The theoretical cost has dropped significantly, and the profit level has also shrunk
The theoretical cost has dropped significantly, and the profit level has also shrunkInfluenced by raw materials, in 2019, the theoretical production cost of ABS production enterprises fell sharply, and at the same time, the profitability also shrank
.
The spread narrows, ABS replaces HIPS again
The spread narrows, ABS replaces HIPS againIn the fourth quarter of 2016, driven by the replenishment cycle, the production and sales of home appliance products increased significantly, which greatly increased the demand for ABS and pushed the ABS market to a substantial increase, which also opened the price gap between ABS and HIPS
.
Ontology ABS once fell into a bear market, with prices lower than some HIPS products
Ontology ABS once fell into a bear market, with prices lower than some HIPS productsThe sharp decline in the level of automobile production and sales in 2019 is the direct cause of the bear market of ontology-based ABS products
.
ABS operating rate hits record high
ABS operating rate hits record highAccording to data monitoring, in 2019, the total domestic ABS production capacity reached 4.
28 million tons, the output was roughly 4.
0118 million tons, and the operating rate was 93.
73%, a record high
.
Imports remain high, and apparent demand grows rapidly
Imports remain high, and apparent demand grows rapidlyIn 2019, the total domestic ABS imports are estimated to be between 2 million and 2.
05 million tons, with little overall change and a slight decline in import dependence
.
