SunSirs: China ABS daily review on November 24
http://www.chemnet.com Nov 25,2021 SunSirs
According to the bulk list data of SunSirs, the ABS market was weak on November 24, and the spot prices of various brands rose and fell. The market performance of the three upstream materials fluctuated, which generally contributed to ABS. Downstream users just need to purchase to maintain production, and demand follow-up is relatively slow. The industry load is also on the high side, but the recent logistics situation fluctuates, and some regions have increased due to the reduction of supply. On the whole, the business confidence is general, and it is expected that China ABS spot market may be dominated by shock consolidation in the short term.