 Home > Chemicals Industry > New Chemical Materials > The trend of the ABS market showed volatility, and the market stopped falling and pulled

The trend of the ABS market showed volatility, and the market stopped falling and pulled

 Last Update: 2022-12-13
 Source: Internet
 Author: User

Tags

abs plastic strength

material building supply

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

According to the data, from July 1 to September 30, the ABS market trend showed volatility
.
As of September 30, the mainstream offer price of ABS was about 15,322 yuan / ton, a decrease of 1.
44% from the beginning of the quarter
.

ABS

Industrial chain: At the beginning of the quarter, the trend of raw styrene has rebounded, but the overall trend of upstream is mixed, which cannot form a strong support
for ABS.
Then the upstream offer shock adjustment, affecting the ABS offer decline
.
In the middle of the quarter, the popularity of the international rubber and plastic market rose, and the prices of various rubber and plastic products rose to varying degrees, and the downstream buying mentality promoted ABS to follow the "international rubber and plastic fever"
.

With the purchase of downstream factories, demand began to decrease in the second half of the quarter, coupled with little change in upstream raw material prices, the factors supporting the ABS upward channel were insufficient, so that some merchants' offers fell, forming a downward trend in the second half of the ABS market
.

Demand: In the second half of July, some manufacturers had maintenance and production plans, supply decreased, and the market stopped falling and pullback
.
In early August, buyers chased up, but the overall downstream demand this season was general, generally based on just needing replenishment, cautious operation, and most of the time wait-and-see atmosphere was heavy
.

Future market forecast: upstream raw material prices and downstream demand have not changed much, and it is expected that the recent ABS offer may still be volatile
.

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.

Related Products

9,10-Diphenylanthrac

CAS No.: 1499-10-1

$1-1.2/MT FOB

High Quality Polar Solvent 99.99% Ethylene carbonate/Ethylencarbonat/ EC CAS 96-49-1

CAS No.: 96-49-1

Pharmacy Grade

$1-1.2/MT FOB

High quality Fluorescent Brightener CBS-X 98% TOP1 supplier in China

CAS No.: 27344-41-8

Industrial Grade

$3/KG EXW

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

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.