Commodity News
SunSirs: The Operating Rate of ABS has Decreased Compared to the Beginning of this Month
June 20 2023 10:23:21
On June 19th, the benchmark price of ABS for SunSirs was 10400.00 RMB/ton, a decrease of -2.12% compared to the beginning of this month (10625.00 RMB/ton).
Recently, the stalemate among the three upstream materials of ABS has been weak, providing poor support for the cost side of ABS. The construction of petrochemical plants has decreased compared to the beginning of the month, and the market inventory has been partially digested. However, the demand side support is limited, and the overall weak and rigid demand pattern is maintained. It is expected that the ABS market may continue this stalemate.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
Related Information
- 2024-04-29 SunSirs: Banlanced Market, China ABS Market Remained Strong at a High Level at the End of April
- 2024-04-23 SunSirs: Supplier Price Increases, China ABS Market Rises at a High Level
- 2024-04-17 SunSirs: Tight Supply & Strong Costs, China ABS Market Rises at a High Level
- 2024-04-01 SunSirs: Upstream Three Materials Remain Strong, China ABS Market Remains Stable at a High Level
- 2024-03-28 SunSirs: Upstream Three Materials are Strengthening, China ABS Market is steadily Rising in March
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