Recent Price Trends of ABS Plastic

Jan 14, 2025

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Recently, the overall price of ABS plastic has shown a narrow fluctuation trend. The specific analysis is as follows:

Price fluctuations:
According to a report on December 30, 2024, the price of ABS plastic remained stable from December 23 to December 27, with a price range of 10800-10900 yuan/ton.
As of December 31, 2024, the average price of ABS plastic in the national market was 10575 yuan/ton, with no significant change compared to the previous day.
On December 28, 2024, the price of ABS plastic continued to remain at 10575 yuan/ton.
Market dynamics and influencing factors:
The price of ABS plastic is influenced by various factors, including raw material prices, supply and demand relationships, cost pressures, etc. Recently, due to the decline in prices of raw materials such as styrene, the cost support for ABS plastics has weakened.
The market trading sentiment is relatively cautious, and some traders have a wait-and-see attitude, resulting in light market transactions.
From a long-term trend perspective, the price of ABS plastic will exhibit a narrow range of fluctuations in 2024, mainly influenced by supply and demand balance, fluctuations in raw material prices, and market expectations.

Future forecast:
It is expected that the price of ABS plastic will continue to fluctuate within a narrow range in the short term, with market transactions mainly focused on essential needs, and prices are unlikely to experience significant fluctuations.
Attention should be paid to changes in raw material prices and downstream demand, as these factors will have a significant impact on the price of ABS plastic.
Recently, the price trend of ABS plastic has been relatively stable, mainly fluctuating around 10575 yuan/ton. The market trading sentiment is cautious, and it is expected that the price will continue to maintain a narrow range of fluctuations in the short term.