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[abs morning briefing] domestic abs market prices expected to maintain narrow range today

Longzhong 2025-09-19 08:44:23

I. Points of Attention

1 、 Crude oil ： 9/18: Market concerns about the poor outlook for the U.S. economy and demand overshadowed the positive impact of the Federal Reserve's interest rate cuts, leading to a drop in international oil prices. NYMEX Crude oil futures 10 Contract 63.57 Fall 0.48 Dollar / Bucket, month-on-month -0.75% ； ICE Brent crude futures 11 Contract 67.44 Fall 0.51 USD / Barrel, month-on-month -0.75% China INE Crude oil futures 2511 Contract drops. 3.5 To 496.3 Yuan / Barrel, night trading falls 7.5 To 488.8 Yuan / Bucket.

2. Price List Form:

Product	Region	9-17	9-18	Rise and Fall
Styrene	China	885	860	-25
Styrene	South Korea	875	850	-25
Styrene	East China	7180	7100	-80
ABS	Yuyao	9400	9400	0
ABS	Dongguan	8600	8600	0
Note: 1 The styrene price is in USD/ton, while the styrene price in East China and ABS are in RMB, unit: CNY/ton. 2 ABS selects Youyao Zhongyou 0215A. 3 The above table shows that the RMB prices for East China are tax-inclusive prices, while those for Dongguan are cash prices. 4 The rise and fall are month-on-month changes.

3. Market Outlook

Yesterday, market transactions maintained basic demand, with prices fluctuating. There was insufficient atmosphere for pre-holiday stocking, and it is expected that today in China... ABS Market PriceMaintain a narrow consolidation pattern.

4. Data Calendar

Data Project

Publication Date

Previous Data

The trend for this period is expected

ABS Capacity utilization rate

Thursday 4:00 PM

69.8%

↑

1 Consider large fluctuations as significant changes, highlighting data dimensions where the price change exceeds 3%.

2 Considered as a narrow fluctuation, highlighting data with changes within 0-3%.

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[abs morning briefing] domestic abs market prices expected to maintain narrow range today

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