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Abs morning brief: Domestic ABS Market Prices Expected to Maintain Narrow Range Today

Longzhong 2025-08-08 08:57:58

I. Points of Attention

1 、 Crude oil ： 8/7:OPEC+ The bearish atmosphere of increased production continues, combined with the fact that the U.S. sanction plans have not yet caused significant concern, leading to a sixth consecutive drop in international oil prices. NYMEX Crude oil futures 09 Contract 63.88 Drop 0.47 USD / Bucket, month-on-month -0.73% ； ICE Brent Crude Futures 10 Contract 66.43 Fall 0.46 USD / Bucket, month-on-month -0.69% China INE Crude oil futures main contract 2510 Rise 0.4 To 499.9 Yuan / Barrel, night trading falls 6.1 To 493.8 Yuan / Bucket.

2. Price List Form:

Product	Region	8-6	8-7	Rise and fall
Styrene	China	897.5	897.5	0
Styrene	South Korea	887.5	887.5	0
Styrene	East China	7335	7350	15
ABS	Yuyao	9800	9800	0
ABS	Dongguan	8880	8840	-40
Remarks: 1 The unit for US styrene is USD/ton, and the unit for styrene in East China and ABS is RMB/ton. 2 Select Yuyao Zhongyou 0215A for ABS. 3 The above RMB prices are tax-included for East China and cash prices for Dongguan. 4 The rise and fall are month-on-month change values.

3. Market Outlook

Yesterday, the market transactions were mainly driven by rigid demand, with terminal demand still weak, and traders offering discounts to expedite sales. It is expected that the domestic ABS market prices will continue to maintain a narrow adjustment trend today.

4. Data Calendar

Data Project

Publication Date

Previous data

Current Trend Forecast

ABS Capacity utilization rate

Thursday 4:00 PM

71.1%

↓

1 Consider significant fluctuations as those with changes exceeding 3%, highlighting data dimensions with such increases or decreases.

2 Considered as a narrow fluctuation, highlighting data with a rise and fall range within 0-3%.

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Abs morning brief: Domestic ABS Market Prices Expected to Maintain Narrow Range Today

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