Home > Information > News

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

Longzhong 2025-09-24 08:42:40

I. Points of Attention

1 、 Crude oil ： 9/23: The instability of the Russia-Ukraine situation persists, and the United States may escalate sanctions against certain oil-producing countries, leading to a rise in international oil prices. NYMEX Crude oil futures rollover 11 Contract 63.41 Rise 1.13 USD / Bucket, month-on-month +1.81% ； ICE Brent crude futures 11 Contract 67.63 Rise 1.06 USD / Bucket, month-on-month +1.59% China INE Crude oil futures 2511 Contract decline 8.9 To 475.3 Yuan / Barrel, night trading rises 7.0 To 482.3 Yuan / Bucket.

2. Price List:

Product	Region	9-22	9-23	Rise and fall
Styrene	China	850	845	-5
Styrene	Korea	840	835	-5
Styrene	East China	6945	6870	-75
ABS	Yuyao	9400	9400	0
ABS	Dongguan	8580	8580	0
Note: 1 The price for styrene in US dollars is USD/ton, while the prices for styrene in East China and ABS are 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 maintained just the necessary demand, with traders offering quotes at reduced prices. The pre-holiday stocking atmosphere was average, and all three major raw materials saw a decline. The cost support for ABS was moderate. It is expected that today in the domestic market... ABS Market price Maintain a narrow consolidation pattern.

4. Data Calendar

Data Project

Release Date

Previous Data

The trend for this period is expected.

ABS Capacity utilization rate

Thursday 4:00 PM

69.8%

↑

1 Consider significant fluctuations as large swings, highlighting data dimensions with an increase or decrease exceeding 3%.

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

【Copyright and Disclaimer】The above information is collected and organized by PlastMatch. The copyright belongs to the original author. This article is reprinted for the purpose of providing more information, and it does not imply that PlastMatch endorses the views expressed in the article or guarantees its accuracy. If there are any errors in the source attribution or if your legitimate rights have been infringed, please contact us, and we will promptly correct or remove the content. If other media, websites, or individuals use the aforementioned content, they must clearly indicate the original source and origin of the work and assume legal responsibility on their own.

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

Most Popular