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ABS Morning Alert: Domestic ABS Market Prices Expected to Maintain Localized Weakness Next Week

Longzhong 2025-08-29 08:24:55

1. Focus Points

1 、 Crude oil ： 8/28: The instability of the Russia-Ukraine situation still exists, coupled with the ongoing benefits of the traditional peak fuel consumption season in the United States, leading to an increase in international oil prices. NYMEX Crude Oil Futures 10 Contract 64.60 Rise 0.45 US Dollar / Bucket, month-on-month +0.70% ； ICE Cotton oil futures 10 Contract 68.62 rise 0.57 USD / Bucket, month-on-month +0.84% China INE Crude oil futures 2510 Contract falls 5.3 to 481.1 Yuan / Barrel, night trading up 5.5 to 486.6 Yuan / Bucket.

2. Price List Form:

Product	Region	8-27	8-28	Rise and fall
Styrene	China	882.5	882.5	0
Styrene	South Korea	872.5	872.5	0
Styrene	East China	7200	7190	-10
ABS	Yuyao	9500	9500	0
ABS	Dongguan	8570	8560	-10
Note: 1 USD/ton for styrene in US dollars, and RMB/ton for styrene in East China and ABS, unit: yuan/ton. 2 ABS is selected as Yuyao Sinopec 0215A. 3 The above table shows RMB prices: the East China prices include tax, and the Dongguan prices are cash prices. 4 The increase or decrease represents the month-on-month change value.

III. Market Outlook

Yesterday, market transactions remained sluggish, with predominantly negative factors on-site. End-user demand continued to be weak, and traders offered discounts to clear their inventory. It is expected that next week in the domestic market... ABS Market Price Maintain a local downward trend.

4. Data Calendar

Data Project

Publication Date

Previous data

The trend for this period is expected

ABS Capacity utilization rate

Thursday 4:00 PM

70.8%

↓

1 Consider large fluctuations as significant, highlighting data dimensions with changes exceeding 3%.

2 Treat "↗↘" as narrow fluctuations, highlighting data with a price change within 0-3%.

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ABS Morning Alert: Domestic ABS Market Prices Expected to Maintain Localized Weakness Next Week

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