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[abs morning update] expected to maintain downward trend

Longzhong 2025-10-16 08:23:56

I. Focus Points

1 、 Crude oil ： 10/15: International oil prices have fallen due to market concerns over the risk of oversupply and the demand outlook being dampened by trade disputes initiated by the United States. NYMEX Crude oil futures 11 Contract 58.27 Fall 0.43 USD / Bucket, month-on-month -0.73% ； ICE Brent oil futures 12 Contract 61.91 Fall 0.48 USD / Bucket, month-on-month -0.77% China INE Crude oil futures 2512 Contract drop 7.6 To 444.9 Yuan / Barrel, night trading fell. 1.9 To 443 Yuan / Bucket.

2. Price List Form:

Product	Region	10-14	10-15	Rise and fall
Styrene	China	805	802.5	-2.5
Styrene	South Korea	795	792.5	-2.5
Styrene	East China	6545	6540	-5
ABS	Yuyao	9000	8800	-200
ABS	Dongguan	8200	8150	-50
Remarks: 1 "USD styrene is in USD/ton, while 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 in East China and cash prices in Dongguan. 4 The rise and fall are month-on-month changes.

3. Market Outlook

Yesterday, the market transaction was weak, with many bearish factors in the market. Traders' sentiment was not good, and raw material prices continued to decline. It is expected that tomorrow, domestically... ABS Market price Maintain a gradual downward trend.

4. Data Calendar

Data Project

Publication Date

Previous data

Current Trend Forecast

ABS Capacity utilization rate

Thursday 4:00 PM

72.5%

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1 Regard up and down fluctuations as significant volatility, highlighting data dimensions where the increase or decrease exceeds 3%.

2 Regarded as a narrow fluctuation, highlighting data with a fluctuation range of 0-3%.

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[abs morning update] expected to maintain downward trend

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