SunSirs: ABS Prices have Dropped Compared with the Beginning of the Month
March 23 2023 09:05:03On March 20, Sunsirs ABS benchmark price was 11,825.00 RMB/ton, a decrease of -0.07% compared with the beginning of this month (11,833.33 RMB/ton).
Recently, the overall trend of ABS upstream three materials is weak, and the support for ABS cost side is not good. The high level of start-up of petrochemical plants fell slightly, and the supply of goods in the market continued to be abundant. The support on the demand side is not good, the mentality of merchants is weak, and the operation tends to give up orders. It will take some time for petrochemical plants to reduce their load. It is expected that the ABS market may continue to digest the contradiction between supply and demand in the short term and run weakly.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
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