Review of the ABS market in the first half of 2019 and outlook

In the first half of 2019, the oil market pattern showed a trend of first rising, then falling and then reboundi.

In the first half of the year, the ABS market trend of the plastic city was summarized: the ABS market fluctuated weakly in the first quart.

The above picture shows that in the first half of 2019, the price focus of some mainstream brands in China Plastics City continued to move downward, basically continuing the trend of weak shocks at the end of 201 Among them, the average price of Ningbo Taihua AG15A1 in June fell by 865 yuan/ton compared with the average price in January, a decrease of 59%, and the average price of Jilin Petrochemical 0215A in June fell by 703 yuan/ton compared with the average price in January, a decrease of 4

The trend of styrene in Zhangjiagang in the first half of the year:

In the first half of the year, styrene basically showed a strong trend of sho.

Market outlook:

Upstream: Due to the good performance of styrene downstream, it is expected that downstream demand will still have some room for growth in the second half of the ye.

In terms of petrochemicals: the domestic ABS plant has not yet heard of the maintenance plan, the supply is still abundant, the short-term downstream demand is sluggish, and there are many bad ne.

Downstream: July-August is still the traditional low season for production, and the production and sales levels of some household appliances such as air conditioners may decline significantly compared with the first half of the ye.

To sum up, the ABS market is likely to show a volatile and soft trend in the early second half of the ye.