SunSirs--China Commodity Data Group

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SunSirs: China ABS Daily Review on December 22

December 23 2021 15:48:24     SunSirs (Selena)

According to SunSirs, the ABS market continued to be weak on December 22, and the decline of spot prices of various brands narrowed compared with the previous days. The market performance of upstream three materials is weak, and the overall assistance to ABS is poor. Downstream users just need to purchase to maintain production, and demand follow-up is relatively slow. The industry load is on the high side, the domestic spot price is restricted by weak demand, and the floor atmosphere is empty. It is expected that China ABS spot market may still fall in the short term.

 

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