echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > The ABS market is running lightly and trading is flat

    The ABS market is running lightly and trading is flat

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

    The ABS market is running lightly, and the price in some South China regions has weakened slightly, and the mainstream offer of domestic materials has been 15450-16350 yuan / ton
    so far.
    Major ABS producers maintained their price support strategy, while the peripheral market was volatile, and the industry was mostly cautious and wait-and-see
    .
    The East China market is shrouded in a light atmosphere, and active buying is limited
    .
    The South China market partially weakened, and the real negotiations were not smooth
    .

    ABS

    Ningbo ABS market is light and narrow, the peripheral market is volatile, and the industry is cautious and wait-and-see
    .
    Some merchants offered high, but lacked transaction follow-up, and trading was flat
    .

    The ABS market in Dongguan fell slightly, the real negotiations were light, and the middlemen shipped a small margin of
    profit.
    Small and medium-sized downstream factories are ready to use, and the spot digestion rate is slow
    .
    Most sources are
    in normal supply.

    The PS market is stable and weak, the overall trading is light, and the ordinary benzene in the East China market is reported at 12800-13000 yuan / ton
    .
    The raw materials fluctuated at a high level, and the terminal was delisted and waited
    .
    Traders are struggling with a tangled mentality, some still have bullish intentions, but are cautious
    in chasing up.
    Speculative follow-up of buying is insufficient, and rigid demand
    is more guaranteed.

    Shantou PS market narrow finishing, range 10-60 yuan / ton
    .
    Upstream styrene was volatile intraday, and the PS market was dominated
    by wait-and-see.
    Downstream demand was weak, and there was no significant improvement in transactions
    .

    The Dongguan PS market continued its downward trend, and the trading atmosphere was not good
    .
    Insufficient gas buying dragged down, and some offers made a small profit
    .
    Spot negotiations remain weak, and the market is
    cautious and wait-and-see.

    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.