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ABS market morning tips (20250423)

Published Date: 2025-04-23 14:35:21 Views: 66

1. The previous closing price of the mainstream market

market Specifications and models April 22 Daily rise and fall
East China Ordinary injection molding grade 10700-10800 0
South China Ordinary injection molding grade 9400-10650 -150

The ABS market prices partially fell in the previous trading day. Costs were weak, trading was sluggish, and first-hand traders followed the market.

2. Key factors affecting current market price changes

Cost: The price of three raw materials has fallen, releasing bearish guidance.

Supply: The overall supply of the industry is sufficient, the Haijiang production line has entered the maintenance state one after another, and the new production and commissioning are basically normal.

Demand: The downstream pre-holiday replenishment rhythm is slow.

3. Trend prediction

Towards the end of the month, petrochemicals and first-hand merchants are mainly moving in volume, but the downstream and intermediaries’ replenishment demand is not released enough, and the overall supply transfer is not smooth. The short-term ABS market may continue the weak consolidation trend.

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