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On March 3, the overall market of the domestic ABS market continued to rise, the enthusiasm of merchants to operate increased, downstream users waited and saw the supply of high-priced goods, and the overall market atmosphere remained flat
.
On Wednesday (March 2), Asian styrene market quotations rose, F0B South Korea rose by $20 to close at $1060.
5-1061.
5 / ton; CFR China rose $20 to settle at $1085.
5-1086.
5/mt
.
In the spot market, the ABS market quotation is stable and small, the downstream demand is still flat, and the wait-and-see atmosphere is strong
.
Ningbo ABS market part of the offer rose 100-200 yuan / ton, the market negotiation atmosphere is general, downstream factories follow up hard, high-end price transactions are few
.
Most of the supplies are abundant
.
Dongguan ABS market continued to rise, up 100 yuan / ton or more, market negotiations are acceptable, buying is cautious, sporadic small orders are traded
.
The supply of middlemen is abundant, and there is a small margin
for real negotiations.
The impact of the low enthusiasm of downstream factories to enter the market for procurement, the transaction volume has not been effectively amplified
.
It is expected that due to the strong upward trend of the upstream in the near future, the ABS market will still have an upward trend
.
