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    Home > Chemicals Industry > New Chemical Materials > The decline in the ABS market is difficult to suppress and the market trading is weak

    The decline in the ABS market is difficult to suppress and the market trading is weak

    • Last Update: 2022-12-13
    • Source: Internet
    • Author: User
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    The ABS market is difficult to suppress, and the mainstream offer of domestic materials is 13200-14000 yuan / ton
    so far.
    The plunge in crude oil and the sharp decline in upstream styrene have filled the bearish news and increased pessimism among the industry
    .
    There are few negotiations in the mainstream market, merchants mainly take goods in the dark market, and some sources of goods have room for negotiation, and the mentality of the industry is generally weak
    .

    ABS

    The market price of Yuyao ABS fell, some sources of goods were negotiated at real prices, merchants had a strong intention to reduce their positions, and the price was relatively flexible
    .
    However, there is little intention to replenish the buying order, and there are few
    negotiations.
    Most sources are
    in normal supply.

    Dongguan ABS market volatility lower, market trading is weak, merchants pessimistic attitude, some shipment prices are low, but buying cautious wait-and-see, transaction is difficult
    .
    The supply of goods is relatively normal
    .

    PS market negotiations continue to decline, Yuyao market ordinary benzene quotation at 10500-11300 yuan / ton
    .
    Prices in Shantou, Dongguan and Shunde also fell
    to varying degrees.
    The price of raw material styrene continues to fall deeply, and the bearish atmosphere in the market remains strong
    .
    Although the supply of some grades is tight, the factors affecting raw materials occupy a major position, and many merchants in the industry expect that the quotations of petrochemical enterprises will be further reduced, and the focus of negotiations has been loosened
    one after another.

    Dongguan PS market quotations were weak and loose, and mainstream quotations fell slightly
    .
    Although the spot supply of some grades is tight, the actual order volume of the holder is not impressive, and the quotation is difficult to hold
    .
    Among them, the Xinghui 118 market has almost no offer, and a small number of quotations are quoted at 11400-11450 yuan / ton
    .

    Yuyao market prices continue to fall
    .
    Under the guidance of the deep decline in raw material prices, the bearish mentality of market merchants in the future market occupies the mainstream
    .
    Holders passively let profits and shipments, and market prices fell
    continuously.
    Among them, the small spot quotation of Yangba 158K is around 12200 yuan / ton, but the pre-sale price is around
    11700 yuan / ton.

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