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[abs morning update] expected domestic abs market prices to maintain weak consolidation today

Longzhong 2025-09-28 08:53:15

I. Focus Points

1 、 Crude Oil ： On September 26th, the intensity of the Russia-Ukraine conflict has recently increased, raising market concerns about potential supply risks, leading to a rise in international oil prices. The NYMEX crude oil futures for the November contract rose by $0.74 to $65.72 per barrel, a month-on-month increase of 1.14%. The ICE Brent crude futures for the November contract rose by $0.71 to $70.13 per barrel, a month-on-month increase of 1.02%. The China INE crude oil futures for the 2511 contract rose by 0.2 to 489.1 yuan per barrel, and increased by 5.9 to 495 yuan per barrel during the night session.

Price List:

Product	Area	9-25	9-26	Rise and fall
Styrene	China	850	847.5	-2.5
Styrene	South Korea	840	837.5	-2.5
Styrene	East China	6930	6920	-10
ABS	Yuyao	9400	9400	0
ABS	Dongguan	8580	8580	0
Remarks: 1 The above content translates to: "The US dollar styrene is in USD/ton, while East China styrene and ABS are in RMB, unit: yuan/ton." 2 Select Yuyao Zhongyou 0215A for ABS. 3 The above RMB prices are tax-inclusive in East China and cash prices in Dongguan. 4 The rise and fall are month-on-month changes.

III. Market Outlook

Yesterday, the market operated weakly with sluggish transactions. There were many negative factors in the market, raw material prices declined, and market price fluctuations were limited. It is expected that today in the domestic market... ABS Market Price Maintaining a weak consolidation trend.

4. Data Calendar

Data Project

Publication Date

Previous Data

Current Trend Forecast

ABS Capacity utilization rate

Thursday 4:00 PM

70%

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1 Consider significant fluctuations as large price movements, highlighting data dimensions with price changes exceeding 3%.

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

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[abs morning update] expected domestic abs market prices to maintain weak consolidation today

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