echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > The ABS market weakened slightly and the pressure on the market increased

    The ABS market weakened slightly and the pressure on the market increased

    • 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

    Some prices in the ABS market weakened
    slightly.
    Up to now, the mainstream offer of domestic materials is 15000-15800 yuan / ton
    .
    Commodities are bearish, styrene electronic trading is weak, and bearish news from the external market has the upper hand
    .
    The mainstream market of ABS has become weaker, and many traders are actively focusing on volume, and the actual price is slightly flexible
    .

    ABS

    The ABS market in Yuyao is stable and slightly soft, and I heard that some batches have room for profit
    .
    Traders are actively shipping, small and medium-sized downstream factories are bearish or bearish expectations are strong, and spot purchases are small
    .
    The supply of goods is basically normal
    .

    The ABS market in Dongguan partially weakened, the market negotiation atmosphere became weak, the confidence of middlemen was insufficient, and some sources of goods had a small margin of profit
    .
    There is less active buying, and there is resistance
    to spot trading.
    The supply of goods is basically normal
    .

    The PS market is stable and narrow, and the overall trading atmosphere is average
    .
    East China market ordinary benzene reported 12550-12850 yuan / ton
    .
    The raw styrene market is down, and the news is hard to find
    .
    PS market demand has not improved significantly, but the supply of some sources in the market continues to be tight, and middlemen are reluctant to sell
    at low prices.
    In addition, because some traders are worried about the increase in replenishment costs in the later period, there is still a price intention
    .

    The Yuyao PS market is running weakly and steadily, and the trading atmosphere is average
    .
    Styrene electronic trading fell, but the supply of some sources in the PS market was still tight, resulting in limited price fluctuations for traders, and most of them were stable for the time being
    .
    Buying continued to maintain rigid demand, and speculative demand did not increase significantly
    .

    The Dongguan PS market maintained stable operation, and the trading atmosphere was flat
    .
    Styrene continued to move lower intraday, continuing to weigh on industry confidence and dragging down the pace of trading further
    .
    The high-priced transactions in the market felt a little crisis, and the pressure was increasing
    .

    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.