The ABS market is weak and prices continue to move lower

The price of Yuyao ABS market has declined, and the market has insufficient real negotiations, and some of them have room
for negotiation.
The merchant mentality is not good, and the position reduction operation
is maintained.
Most of the supplies are well
supplied.

The ABS market in Dongguan continued to decline, the resistance to spot transactions increased, and the factory price continued to decline, and merchants mainly
let the goods go.
The transaction atmosphere is weak, the supply of goods is sufficient, and the transfer is weak
.

The price of PS market is mainly stable, some grades have loosened slightly, and the price of ordinary benzene in Yuyao market is 11600-12500 yuan / ton
.
The raw styrene market has improved slightly, and some holders have recovered their confidence in the future, but under the slow follow-up of buying, the pace of merchants' shipments is not satisfactory, and market transactions are still around the low end
.

Yuyao PS market price weakness loosened
.
The price of raw material styrene fluctuated and sorted, PS holders were cautious in the future, and the intention of low-price shipments was reduced
under cost pressure.
However, the lack of follow-up intentions at the high-end of the buying order, the poor shipment of the holders, the small concession of profit shipments, and the focus of market negotiations has declined
.

The Dongguan PS market is running weakly, and the focus of negotiations is still loose.

The raw styrene market lacks strong positive support, the market price is mainly slightly fluctuating, and the weak atmosphere of the PS market is pervasive
.
Shippers' shipments were not smooth, and quotations continued to loosen and fall
.
Buying is still mostly based on a wait-and-see mentality
.