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【ABS Morning Update】Prices in the South China market rise, with ABS prices maintaining a narrow consolidation trend.

Longzhong 2025-04-02 08:11:03

One, Focus Areas

1 、 Crude oil ： 4/1: Market concerns have shifted from production sanctions in oil-producing countries to the tariff policies implemented by the United States, raising worries that demand prospects may be undermined, leading to a decline in international oil prices. NYMEX Crude oil futures 05 Contract 71.20 Fall 0.28 dollar / Bucket, YoY (Note: "环比" typically refers to "MoM" or "month-over-month" in English, but "YoY" or "year-over-year" seems to be a mistake in this context. If you meant "MoM," please let me know.) -0.39% ； ICE Brent crude futures rollover 06 contract 74.49 Fall 0.28 US dollar / Bucket, Month-over-month -0.37% China. INE Crude oil futures主力合约 2505 rise 11.6 "至" can be translated to "to" or "until" depending on the context. Without additional context, it's not possible to provide a more precise translation. 549 Yuan / Barrel, night market rises 4.3 to 553.3 yuan / Bucket.

Price List:

Product	Area	3-31	4-1	Rise and Fall
Styrene	China	975	990	+15
Styrene	Korea	965	980	+15
Styrene	East China	8005	8140	+135
ABS	Yuyao	10700	10900	+200
ABS	Dongguan	9460	9480	+20
Note: Translate the above content from Chinese to English and output the translation result directly without any explanation 1 The price of styrene in US dollars is in USD/ton, while the prices of styrene in East China and ABS are in RMB, with the unit being yuan/ton. 2 ABS selects Yuyao Zhongyou 0215A. 3 The prices listed in the table for East China are inclusive of tax, while those for Dongguan are cash prices. 4 , the rise and fall are month-on-month changes.

Market Outlook

Yesterday, prices in the South China market rose, and prices in the East China market also increased. Terminal demand was decent, and overall transactions were brisk. It is expected that today's market prices will maintain a narrow consolidation trend.

IV. Data Calendar

Data Project

Release Date

Previous period data

本期趋势预计 This period's trend is expected

ABS Production capacity utilization rate

Thursday 16:00 PM

72.8%

↓

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

2 The narrow fluctuations are considered, highlighting the data with a price change within 0-3%.

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【ABS Morning Update】Prices in the South China market rise, with ABS prices maintaining a narrow consolidation trend.

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