**ABSCorner Early Alert: Predicting Today's Domestic ABS Market Price Trend** The market price of ABS (Automotive Body Structural) is expected to continue its declining trend in the domestic market.
I. Focus Points
1、On March 24: The U.S. plans to intensify sanctions on oil-producing countries such as Venezuela, increasing potential supply risks, which led to an increase in international oil prices. NYMEX05 Contract 69.11 increased by $0.83 per barrel, up 1.22% YoY; ICE Brent crude oil futures contract 73.00 increased by $0.84 per barrel, up 1.16% YoY. The main contract of China INE crude oil futures 2505 increased to 533.3 RMB/barrel, up 5.5 in night trading to 538.8 RMB/barrel.
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Yesterday's East China, Yancheng market prices continued to fall, and the end of the terminal demand recovered slowly, and the merchants continued to offer discounts to attract buyers, and on the following Monday, parts of the factory reduced the prices, the market fell.To continue maintaining a bearish trend.
Data Calendar
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