|Gamma Polyglutamic acid Cosmetic
Recently, the domestic ABS market is mixed, and the spot price is mixed. As of March 13, the average price of ABS sample products was 11833.33 yuan/ton, up and down by – 1.39% from the average price level a month ago, according to the data monitoring of Business News Agency.
On the supply side: the ABS industry has been running at a high load for more than a month. Due to the pressure from the supply side and the fierce competition for new materials, the petrochemical plant began to reduce the burden independently. Last week, the industry load dropped by 6% from the beginning of the month, but the 90% operating rate is still high. At present, the supply of goods in the field continues to be abundant, and domestic inventory accumulates. The factory still has plans to reduce the negative load in the future, and the news has formed a bottom for some spot goods.
In terms of raw materials: the overall performance of ABS upstream three materials is weak recently. Among them, the market of acrylonitrile stabilized slightly last week. The load of some factories has increased, and the future supply is expected to increase. The goods are generally transported in the field, and the downstream goods are mainly just needed. It is expected that the acrylonitrile market will be consolidated in a narrow range in the short term.
Recently, the domestic butadiene market has declined. Affected by the continuation of plant restart, the short-term supply increment was less than expected. The market of downstream products also fell, while demand was difficult to provide effective support, and profit performance was under pressure. It is expected that the domestic butadiene market will be dominated by weak consolidation in the short term.
|Gamma Polyglutamic Acid
Last week, the styrene market in Shandong Province was shaken and sorted out. The improvement of terminal demand is limited, and the effect of de-stocking of the seller camp is poor. In the early stage, the international crude oil fell three times and rebounded recently, but the support of pure benzene and ethylene as raw materials for styrene was limited. It is expected that the short-term volatility of styrene market will be mainly lower.
Demand: Downstream factories, including the main terminal appliance industry, are generally motivated to stock goods recently, and some manufacturers still have raw material inventory to digest. The overall demand improvement is limited, the actual transaction is weak, and the flow of goods in the market is poor.
In the near future, the overall trend of ABS upstream three materials is weak, and the support for ABS cost side is poor. The high starting point of petrochemical plants fell slightly, and the market supply continued to be abundant. The demand-side support is poor, the mentality of merchants is weak, and the operation is biased to yield profits and take orders. It will take time for the petrochemical plant to reduce the negative pressure. It is expected that the ABS market will continue to digest the contradiction between supply and demand in the short term.