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[abs weekly outlook] domestic abs market prices expected to remain in narrow range this week

Longzhong 2025-09-08 09:23:59

I. Points of Attention

1 Crude oil 9/5: The market continues to focus on this Sunday’s OPEC+ The meeting, concerned about the introduction of a new production increase plan, led to a drop in international oil prices. NYMEX Crude oil futures 10 Contract 61.87 Fall 1.61 USD / Barrel, month-on-month -2.54% ICE Brent crude futures 11 Contract 65.50 Fall 1.49 USD / Bucket, month-on-month -2.22% China INE Crude oil futures 2510 Contract decline 1.3 To 482.3 Yuan / Barrel, night session drops 10.4 To 471.9 Yuan / Bucket.

2. Price List Form:

Product

Region

9-4

9-5

Rise and Fall

Styrene

China

862.5

877.5

15

Styrene

South Korea

852.5

867.5

15

Styrene

East China

7035

7155

120

ABS

Yuyao

9500

9500

0

ABS

Dongguan

8520

8520

0

Note:

1 The US dollar price of styrene is in USD/ton, while the prices of styrene in East China and ABS are in 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

Last week, market transactions remained driven by just-in-time demand, market prices were on a downward trend, and there were mostly bearish factors within the market. Many traders offered discounts to move goods. It is expected that this week domestically... ABS Market price Maintain a narrow consolidation pattern.

4. Data Calendar

Data Project

Publication Date

Previous Data

The trend for this period is expected

ABS Capacity utilization rate

Thursday 4:00 PM

69%

1 Consider large fluctuations as those with an increase or decrease of more than 3%, and highlight the corresponding data dimensions.

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

 

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