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[abs morning brief] domestic abs market prices expected to maintain partial downward trend today

Longzhong 2025-09-03 08:33:38

1. Points of Attention

1 Crude oil 9/2: The conflict between Russia and Ukraine has not yet ceased, bringing potential supply risks, coupled with the continuation of U.S. sanctions on certain oil-producing countries, leading to a rise in international oil prices. NYMEX Crude oil futures 10 Contract 65.59 Rise 1.58 USD / Barrel, month-on-month +2.47% ICE Brent oil futures 11 Contract 69.14 Rise 0.99 USD / Barrel, month-on-month +1.45% China INE Crude oil futures 2510 Contract rise 6.2 To 489.8 Yuan / Barrel, night trading rises 5.6 To 495.4 Yuan / Bucket.

2. Price List Form:

Product

Region

9-1

9-2

Rise and Fall

Styrene

China

867.5

857.5

-10

Styrene

Korea

857.5

847.5

-10

Styrene

East China

7060

6980

-80

ABS

Yuyao

9500

9500

0

ABS

Dongguan

8540

8520

-20

Note:

1 USD styrene is priced in USD/ton, while styrene in East China and ABS are priced in RMB, unit: RMB/ton.

2 ABS selects Yuyao Zhongyou 0215A.

3 The above RMB prices are tax-inclusive for East China and cash prices for Dongguan.

4 The rise and fall are month-on-month changes.

3. Market Outlook

Yesterday, market transactions remained sluggish, with bearish factors prevailing, leading to a continued decline in market prices. It is expected that today in China... ABS Market price Maintain a local downward trend.

4. Data Calendar

Data Project

Publication Date

Previous Data

Current Trend Forecast

ABS Capacity utilization rate

Thursday 4:00 PM

70.8%

1 "Consider large fluctuations as those with an up or down movement exceeding 3%, highlighting data dimensions with such changes."

2 Considered as narrow fluctuations, highlighting data with price changes within 0-3%.

 

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