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The focus of ABS market negotiations continues to decline, and the mainstream offer of domestic materials is 14600-15450 yuan / ton
so far.
Peripheral air difficulties dissipated, merchants continue to actively ship cash out, some real orders have more room for profit, reduce inventory to avoid risks
.
Spot buying in the market is sluggish, mainly based on small orders and just demand, and the trading volume has shrunk
significantly.
The market price of Yuyao ABS is partially down, there are few transactions, there are not many active buying, and some prices are slightly flexible
.
Merchants are cautious and the supply is basically normal
.
The ABS market in Dongguan continued to decline, with limited market inquiries, weak external news, and low enthusiasm for middlemen
.
The market is well supplied
.
Negotiate the space
for concessions.
PS market weak operation, East China market ordinary benzene quotation at 12450-13600 yuan / ton
.
Holders in Yuyao mostly have a wait-and-see mentality, while the focus of market negotiations in Dongguan, Shantou, and Shunde fell further under the guidance of falling raw materials
.
The Yuyao PS market is mainly stable, and some brands have loosened
slightly.
Petrochemical inventories are low, and cargo holders consider replenishment costs, further reducing profit
intentions.
However, under the guidance of falling raw materials, the follow-up intention was insufficient, and the market transaction was still weak
.
The price of raw material styrene fluctuated at a low level, and there was no sign of rebound, PS Dongguan market merchants were not confident in the future, and they were still mainly based on profit shipments, and market quotations continued to loosen and fall
.
The pace of buying follow-up is sluggish, and market transactions are limited
.
