Analysis of ABS price of plastic raw materials on

2022-08-23
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Analysis of ABS price of plastic raw materials on December 28

I. brief introduction of the market

abs has a certain smell. The market is generally normal, and the market is partially up. However, market factors are complex and changeable, businesses continue to operate cautiously, and the demand of downstream factories is not enough to follow up, and the market atmosphere is still light

ps market quotation has been sorted out. The demand in the spot market is still sluggish, buyers are mainly on the sidelines, merchants' shipments are poor, and the actual transaction price is mainly negotiated

II. Overview of the upstream market

Friday falls on Christmas and the market is closed

the Asian styrene market was closed on Friday (December 25)

III. local market prices

market quotations are stable and small, downstream demand is still flat, and the wait-and-see atmosphere is strong

Dongguan ABS market is narrow after rising, market inquiry is general, buying is flat, and high-end offer transactions are weak. The supply of goods is normal

the offer of Ningbo ABS market is relatively high, the negotiation atmosphere is general, and the high price lacks transaction follow-up. Most supplies are normal

part of Dongguan PS market rose, with an increase of yuan/ton. Styrene continued to rise, and the quotations of some brands with tight supply continued to rise. However, the downstream has low interest in taking goods, and the resistance of merchants to shipping is also obvious

the quotation of PS market in Ningbo was strong, some of which were slightly higher, and the trading atmosphere was flat. Raw material styrene rose sharply, coupled with tight supply, PS merchants were reluctant to sell at a low price. The downstream inquiry atmosphere is general, and the market buying is flat

IV. in terms of the latest quotation

1. Petrochemical quotation

the price of CNPC South China ABS was increased by 100 yuan/ton, the price of 0215a was 8950 yuan/ton, and the price of 750asq was 9200 yuan/ton. The price of ge-150 is 8900 yuan/ton, that of 0215asq is 8900 yuan/ton, and that of 0215h is 8950 yuan/ton. The inventory is normal, and the recent shipment is average

the listing price of CNPC North China ABS is stable. The price of 0215a Tianjin warehouse is 8800 yuan/ton, that of 750A Tianjin warehouse is 8900 yuan/ton, that of 0215h Tianjin warehouse is 8700 yuan/ton, and that of GE150 Tianjin warehouse is because each material produced on the nano scale is different - the size of the sheet is 8700 yuan/ton, and that of 0215asq Tianjin warehouse is 8700 yuan/ton

PetroChina South China branch raised the price of Dushanzi Petrochemical PS, with benzene 500 stably reported at 7850 yuan/ton, 500N increased by 100 yuan/ton to 8050 yuan/ton, and the HIE quotation for benzene was 8000 yuan/ton. The inventory is OK, and the recent shipment is average

PetroChina North China branch kept the price of Dushanzi Petrochemical PS unchanged, and reported benzene 500 to 80 energy conservation and Comprehensive Utilization Department: deeply implement green manufacturing engineering, comprehensively promote industrial green development, 00 yuan/ton, and report benzene hie to 8050 yuan/ton, which is the price of Tianjin warehouse

2. Mall quotation

as of 15:00, the quotations of some brands of China Plastics' spot ABS were mixed, with a range of yuan/ton, of which 0215asq/Jilin Petrochemical lowest reported 9600 yuan/ton (down 400), ge-150/Jilin Petrochemical lowest reported 10000 yuan/ton (up 800)

after the international financial crisis

v. aftermarket forecast

the ex factory price of petrochemical enterprises is stable, and the support to the spot market is still limited. Most traders are cautious in the face of the current market, and the overall trading on the floor remains deadlocked. It is expected that the market will maintain consolidation in the short term

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