【ABS Morning Alert】Terminal demand is weak, and market prices are expected to continue to maintain a local downward trend.
1. Focus Points
1、crude oilOn March 26, U.S. crude oil and refined oil inventories decreased, coupled with unstable geopolitical situations, leading to a rise in international oil prices. NYMEXCrude oil futuresThe May 05 contract rose by $0.65 to $69.65/barrel, up 0.94% from the previous day; the ICE Brent crude futures May 05 contract rose by $0.77 to $73.79/barrel, up 1.05% from the previous day. The main contract of China's INE crude oil futures 2505 rose by 2.1 to 539.4 yuan/barrel, and the night session rose by 3.5 to 542.9 yuan/barrel.
II. Price List:
Three, Market Outlook
Yesterday, prices in the South China market partially declined, while the East China market remained stable. The recovery of terminal demand was slow, and terminal demand was weak. It is expected that today, market prices will continue to maintain a localized declining trend.
IV. Data Calendar
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