ABS Material Market Overview (20240409)
Markets & Prices
Apr 09, 2024
60
- Points of concern
Crude oil (4/8):
Israel reduced its military presence in the Gaza Strip, and there were rumors that the Palestinians and Israelis had made progress in ceasefire negotiations, causing international oil prices to fall. NYMEX crude oil futures 05 contract fell by $0.48/barrel or 0.55% to 86.43; ICE Brent oil futures 06 contract fell by $0.79/barrel or 0.87% to 90.38. China's INE crude oil futures main contract 2405 rose 3.3 to 658.5 yuan/barrel, and rose 9.2 to 667.7 yuan/barrel in night trading.
2. Price list:
3. Market outlook
Yesterday, most prices in China's ABS market rose, and market transactions were acceptable. Today, manufacturers such as Shandong Haijiang and Zhejiang Petrochemical raised their ex-factory quotations. Traders shipped goods on highs, and market prices rose.
It is expected that China's ABS market prices will maintain a narrow range today.
Disclaimer
1. The above remarks only represent the author’s own opinions and do not represent the position of this site;
2. When reprinting articles, please indicate that they are from "Plas.com (www.plas.com)" and include the author’s name. Commercial use requires authorization from the author and the website;
3. If there is any infringement, please contact the author directly, or send a written letter to our company for transmission and processing;
Latest News
ABS Material Market Overview (20240508)
ABS Material Market Overview (20240409)
