echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > Some areas of ABS pushed up, and the atmosphere of wait-and-see downstream was stronger

    Some areas of ABS pushed up, and the atmosphere of wait-and-see downstream was stronger

    • Last Update: 2022-12-10
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Some areas of the ABS market pushed up, and the mainstream offer of domestic materials has been 15650-16500 yuan / ton
    so far.
    In view of the continued upward momentum of the styrene market, the ABS part of the selling intention increased, and the South China market part of the offer rose, the increase was mostly 100-200 yuan / ton
    .
    The East China market is deadlocked, first-hand traders are not in a hurry to quote for the time being, the market initiative is limited, and the transaction is
    weak.

    ABS

    The price of Dongguan ABS market pushed up, the increase was mostly 100-200 yuan / ton, the merchant mentality has improved, and the low price offer has decreased
    .
    Downstream factories are mainly cautious and wait-and-see, and the transaction is weak
    .
    Most sources are in basic supply
    .

    The Yuyao ABS market is cautious and wait-and-see, and the initiative is limited
    .
    Although a small number of offers were slightly higher, buying was weak and solid follow-up was weak
    .
    The overall supply is normal
    .

    PS The market continued to rise, and the trading atmosphere was flat
    .
    East China market ordinary benzene report 12900-13100 yuan / ton
    .
    The raw material styrene continued to rise, the PS market continued to rise, and some of the gains were amplified
    .
    The industry is still mainly wait-and-see, and the enthusiasm for batch trading is low
    .
    Downstream buying is dominated by small and medium-sized orders that just need to be purchased, and traders are resistant to high prices, and traders are waiting for the guidance of factory price offers
    .

    The Dongguan PS market rose sharply, up 100-700 yuan / ton
    .
    The recent surge in raw material prices has pushed market traders to raise prices sharply, buying is more resistant to high prices, effective negotiations are limited, and market operators are waiting for factory price guidance
    .

    Yuyao PS market part followed the rise, up 100-600 yuan / ton, the trading atmosphere is general
    .
    Supported by high costs, coupled with a small amount of inventory on the market, the market quoted steadily and increased
    .
    Merchants offer sporadically, and the mainstream negotiation range is slightly chaotic
    .
    The downstream wait-and-see atmosphere is strong, waiting for further guidance from the factory price in the afternoon
    .

     

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.