The hottest spot ABS market of China Plastics on J

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On January 7, the China Plastics price index rose 0.38 points to 747.52 points, and the China Plastics spot index rose 0.75 points to 879.31 points

I. upstream express:

WTI crude oil on the New York Mercantile futures exchange fell by $0.23 per barrel to $48.58 per barrel today, while Brent crude oil rose by $0.91 per barrel to $5. Zheng Daqing, senior vice president of BASF Greater China business and market development, added that it was $0.53 per barrel

II. Manufacturer dynamics:

on Tuesday, US styrene closed slightly higher by 0.2 cents to 24 65 cents/pound, up about $4.4/ton to $1/ton. Market participants said that some downstream will reduce the operating rate

although there are still many uncertainties in the downstream terminal demand and the instantaneous computer-controlled impact experimental scenario when the global economy hammered before, the Asian pure benzene market continued to rise for three trading days on Tuesday, and FOB South Korea closed at 334 75 dollars/ton, Southeast Asia closed at 311.75312.75 dollars/ton, both up 11.5 dollars/ton. The quotation of pure benzene in February was $350/mtfob South Korea, and the offer was increased from $320/mt to $325/mt. The purchase intention of goods in March was close to $325/mt. The CFR price of imported pure benzene in China is about $350/mt. Although pure benzene kept rising, the price of naphtha in CFR Japan rose $21.50/mt to $384.50/mt in late February on Tuesday because the seller was struggling to sell it because the price was still lower than the cost

III. local market conditions:

the ABS market in Dongguan is basically stable, the demand performance is flat, and the transaction is still flat. 0215a is reported at 9000 yuan/ton, 750A at 9000 yuan/ton, Ning 15a1 at 9100 yuan/ton, and Ning 121h at 9050 yuan/ton. The above quotations do not include tax

the operating rate of Ningbo Taihua ABS unit is about 30%, and the external quotation continues to stabilize. Ag15a1 is reported at 9700 yuan/ton, AG12A1 at 9700 yuan/ton, AG15E1 at 9500 yuan/ton. The manufacturer's sales are general, and the inventory is basically normal

this morning, Yuyao plastic city P factory also had filter devices. The overall atmosphere of s/abs market was flat, and the quotation was stable compared with yesterday. The market turnover is scarce, and the fundamentals of the overall downturn have not changed significantly. The merchant's shipment is general, and the actual transaction price is slightly preferential. At present, the latest mainstream quotation of domestic ABS is yuan/ton, and the mainstream quotation of imported ABS is yuan/ton. The mainstream quotation of GPPS is yuan/ton, and that of hips is yuan/ton

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