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    Home > Chemicals Industry > New Chemical Materials > The ABS market is weak and downward, and spot negotiations are weak

    The ABS market is weak and downward, and spot negotiations are weak

    • Last Update: 2022-12-11
    • Source: Internet
    • Author: User
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    The ABS market is weak and downward, and the mainstream offer of domestic materials is 14900-15900 yuan / ton
    so far.
    Styrene fell for several days, and at the end of the month, the pressure of some first-hand traders was weak, and middlemen tended to reduce their positions to cash, and the market had more
    room for profit.
    The confidence of small and medium-sized downstream factories has been frustrated, except for the small order transaction just needed, spot negotiations are weak
    .

    ABS

    The price of Yuyao ABS market fell, the market bought cautiously at the end of the month, the mentality of the industry was weak, and small orders were sporadically needed
    .
    The overall supply is abundant
    .

    Some prices in the ABS market in Dongguan are lower, market negotiations are weak, buying is mainly wait-and-see, merchants actively reduce positions to cash, and some prices are slightly flexible
    .
    The overall supply is abundant
    .

    PS continues to run weakly, and the trading atmosphere is average
    .
    East China market ordinary benzene reported 12200-12250 yuan / ton
    .
    Costs continue to be weak, the East China market continues to decline, and market trading activity is low
    .
    In the South China market, traders tentatively raised slightly due to slightly tight supply of some grades, but the buying response was flat
    .

    The trading center of the Yuyao PS market continued to shift, falling by 100-200 yuan / ton
    .
    The raw material styrene has been falling for several days, continuing to dampen confidence in the market, buying delisting wait-and-see, traders' resistance to goods has not decreased, and trading activity is difficult to improve
    temporarily.

    The Dongguan PS market was sideways, with a range of 50 yuan / ton, and the trading atmosphere was flat
    .
    Traders hold high-priced sources in the early stage, and sell at low prices, with limited
    room for profit.
    Buying orders moderately followed up with low-priced sources, and some middlemen tentatively raised slightly
    .

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