Abs morning alert: ABS Market Prices Expected To Stabilize Or Rise Slightly Today
1. Focus Areas
1 、 Crude oil :4/28: The prospects for negotiations between the US and Iran remain unclear, with continued disruptions to shipping in the Strait of Hormuz leading to a rise in international oil prices. NYMEX Crude Oil Futures 06 Contract 99.93 Rise 3.56 US Dollar / Bucket, Month-on-Month +3.69% ; ICE Crude Oil Futures 06 Contract 111.26 Rise 3.03 US dollar / Bucket, month-over-month +2.80% China INE Crude oil futures 2606 Contract price rises 12.2 To 659.6 Yuan / Bucket, night session rises 8.8 To 668.4 Yuan / Bucket.
II. Price List
|
Product |
Region |
4-27 |
4-28 |
Price Change |
|
Styrene |
China |
1310 |
1310 |
5 |
|
Styrene |
South Korea |
1355 |
1355 |
5 |
|
Styrene |
East China |
10185 |
10140 |
10 |
|
ABS |
Yuyao |
10750 |
10750 |
0 |
|
ABS |
Dongguan |
10250 |
10200 |
200 |
|
Note: Translate the above content into English, directly output the translation result without any explanation. 1 Styrene price in USD/ton; Styrene (East China) and ABS prices in RMB/ton. 2 ABS grade selected: Yu Yao Zhong You 0215A. 3 The RMB prices in the above table are inclusive of tax for East China and cash prices for Dongguan. 4 The increase or decrease represents the month-over-month change. |
||||
III. Market Outlook
The market had good trading volume, with a demand for pre-holiday stockpiling. In the short term, ABS Strong cost support, and inventory pressure is not significant for some manufacturers. ABS The probability of a further sharp decline is low. , expected todayABSMarket priceThe market may stabilize or see slight increases in some areas.
IV. Data Calendar
|
Data Project |
Release Date |
Previous data |
Trend Forecast for This Period |
|
ABS Capacity Utilization Rate |
Thursday 4:00 PM |
60.1% |
↑ |
|
1 , ↓↑ is considered as significant fluctuation, highlighting the data dimension where the increase or decrease exceeds 3%. 2 , ↗↘ is considered a narrow range fluctuation, highlighting the data with changes within 0-3%. |
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