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[ABS Morning Briefing] Domestic ABS Market Prices Expected to Remain Bearish Today

Longzhong 2025-10-29 08:24:49

I. Focus Points

1 、 Crude oil ： 10/28: Market Focus OPEC+ Continuing the production increase plan, coupled with still poor demand prospects, has led to a decline in international oil prices. NYMEX Crude oil futures 12 Contract 60.15 Fall 1.16 USD / Bucket, month-on-month -1.89% ； ICE Brent crude futures 12 Contract 64.40 Fall 1.22 USD / Bucket, month-on-month -1.86% China INE Crude oil futures 2512 Contract decline 2.0 to 466.4 Yuan / Barrel, night trading declines. 8.3 Until 458.1 Yuan / Bucket.

2. Price List:

Product	Region	10-27	10-28	Rise and fall
Styrene	China	795	795	0
Styrene	South Korea	785	785	0
Styrene	East China	6500	6435	-65
ABS	Yuyao	8600	8600	0
ABS	Dongguan	8100	8100	0
Note: 1 "USD styrene is in USD/ton, styrene East China and ABS are in RMB, unit: yuan/ton." 2 ABS selects YouYao ZhongYou 0215A. 3 The above RMB prices are tax-included in East China and cash prices in Dongguan. 4 The rise and fall are the month-on-month changes.

Market Outlook

Yesterday, the market transactions were driven by demand, and raw material prices continued to decline. The overall market sentiment remains weak and bearish. It is expected that today in China... ABS Market Price Maintain a bearish trend.

Data Calendar

Data Project

Publication Date

Previous Data

Current Trend Forecast

ABS Capacity utilization rate

Thursday 4:00 PM

72.8%

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1 Consider fluctuations above 3% as significant volatility, highlighting data dimensions where the rise or fall exceeds 3%.

2 Consider narrow fluctuations, highlighting data with a price change within 0-3%.

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[ABS Morning Briefing] Domestic ABS Market Prices Expected to Remain Bearish Today

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