These Events Will Affect The Trend Of ABS Within One Month

Feb 22, 2023

Leave a message

Two major events are about to happen in the ABS market.

First, last Friday, Jieyang Petrochemical announced the smooth production of AS qualified products. According to this progress, ABS should also be able to meet you in about half a month. Last year, the ABS industry only shipped one set of devices in total. In the first quarter of this year, the production of the third set of devices has been firmly established. The production capacity of 1.4 million tons has been released successively, and the supply pressure is obvious. At the same time, the palm of the petrochemical plant is sweating. Dagu and Haijiang have dropped three times in seven days, and the ex-factory price has dropped to below 11000. Lijin has directly offered a self-increased price of 10200, stepping on the cost line, sticking to the face of two barrels of oil, and outputting one meal, which should be a gift to Jieyang.

Second, Tianjin Dagu is expected to carry out spring inspection on March 8, Women’s Day, for a period of 20 days. At that time, their starting load will be reduced to 50%. I have to say that Dagu is still very prescient. Anyway, the profits of ABS are getting worse day by day. Since there is a risk of loss at any time, it is absolutely reasonable to put maintenance ahead of schedule to avoid loss. However, you don’t have to worry about the shortage of 417 because of this. The materials in the house of Mr. Shan Wen’an are more than enough to last for three months, let alone three weeks.