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[ABS Weekly Outlook] Domestic ABS Market Prices Expected to Remain in Narrow Range This Week

Longzhong 2025-07-28 08:48:33

1. Focus Points

1 、 Crude oil ： 7/25: Although concerns about U.S. tariffs in the market have eased, some poor economic data has made traders cautious, leading to a drop in international oil prices. NYMEX Crude oil futures 09 Contract 65.16 fall 0.87 US Dollar / Barrel, month-on-month -1.32% ； ICE Brent crude oil futures 09 Contract 68.44 "Fall" or "Drop" 0.74 USD / Barrel, month-on-month -1.07% China INE Crude oil futures main contract 2509 Rise 4.3 To 508.6 Yuan / Barrel, night trading fell 6.7 To 501.9 Yuan / Bucket.

2. Price List:

Product	Region	7-24	7-25	Rise and fall
Styrene	China	917.5	932.5	15
Styrene	South Korea	907.5	922.5	15
Styrene	East China	7465	7585	120
ABS	Yuyao	10000	10000	0
ABS	Dongguan	9020	9050	30
Remarks: 1 USD/ton for styrene in US dollars, and RMB/ton for styrene in East China and ABS, with the unit: yuan/ton. 2 ABS is selected as Yuyao Sinopec 0215A. 3 The prices in the table above are tax-included 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 were mainly driven by rigid demand. During the off-season for demand, there was no significant positive support in the market. Near the end of last week, driven by raw materials and macro factors, ABS prices rebounded slightly in some regions. It is expected that the domestic ABS market price will remain in a narrow range of consolidation this week.

4. Data Calendar

Data Project

Release Date

Previous Data

This period's trend is expected

ABS Capacity utilization rate

Thursday 4:00 PM

66.82%

↓

1 Treat "", "↓", and "↑" as significant fluctuations, highlighting data dimensions where the price change exceeds 3%.

2 Regard ↗↘ as narrow fluctuations, highlighting data with changes within 0-3%.

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[ABS Weekly Outlook] Domestic ABS Market Prices Expected to Remain in Narrow Range This Week

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