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.