【ABS Morning Update】Market transactions are favorable, with the ABS market maintaining a narrow and stable trend.

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【ABS Morning Update】Market transactions are favorable, with the ABS market maintaining a narrow and stable trend.

Longzhong 2025-04-01 08:14:11

I. Focus Points

1 、 crude oil ： 3/28: Market concerns over U.S. tariff hikes increasing trade risks, potentially leading to a global economic recession, have caused international oil prices to fall. NYMEX Crude oil futures 05 Contract 69.36 Fall 0.56 US Dollar / Bucket, MoM -0.80% ； ICE Brent crude oil futures 05 contract 73.63 fall 0.40 Dollar / bucket, month-on-month comparison -0.54% China INE Crude oil futures main contract 2505 Fall 1.7 Until 541.7 Yuan / Barrel, night session fell 3.7 To 538 Yuan / barrel.

II. Price List:

Product	Area	3-28	3-31	Rise and Fall
Styrene	China	980	975	-5
Styrene	South Korea	970	965	-5
Styrene	East China	8050	8005	-45
ABS	Yuyao	10550	10700	150
ABS	Dongguan	9450	9460	10
Note: 1 The dollar price of styrene is in USD/ton, while the prices for styrene in East China and ABS are in RMB, unit: yuan/ton. 2 ABS selects Yuyao Zhongyou 0215A. 3 The above RMB price for East China is tax-included, while for Dongguan it is the cash price. 4 The rise and fall are month-on-month changes.

3. Market Outlook

YesterdayThe market saw strong trading activity, with short covering on the last day of the month driving up prices for some models. Overall, the trading atmosphere was lively, and domestic prices are expected to rise today. ABS The market price maintains a narrow range consolidation trend.

Four, Data Calendar

Data Project

Publication Date

Last Issue Data

This Period's Trend Forecast

ABS Capacity Utilization Rate

Thursday 4:00 PM

72.8%

↓

1 ", ↓↑ are considered significant fluctuations, highlighting data with increases or decreases exceeding 3%."

2 ,↗↘ are considered narrow fluctuations, highlighting data with涨跌幅在0-3%以内. Note: The phrase "涨跌幅在0-3%以内" is partially in Chinese and means "fluctuations within 0-3%". The symbol "↗↘" is used to represent fluctuations or volatility.

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【ABS Morning Update】Market transactions are favorable, with the ABS market maintaining a narrow and stable trend.

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