Riding the wind and waves is ABS

Compared with the ups and downs in the first half of the year, the general plastics and even the plastics industry chain in July showed considerable restrai.

grade	Origin/Manufacturer	July 31	August 11	ups and downs	Quote change
0215A	Jilin Petrochemical	11800	12500	700	93%
750A	Daqing Petrochemical	11750	12500	750	38%
HI-121H	LG Yongxing	12300	13000	700	69%
AG15A1	Ningbo Taihua	12400	13000	600	84%
D-180	Zhenjiang Chimei	12200	13000	800	56%
PA-757	Chi Mei Taiwan	13200	14400	1200	09%
DG-417	Tianjin Dagu	11600	12050	450	88%

/7318110215A118001250070093%750A117501250075038%HI-121HLG123001300070069%AG15A1124001300060084%D-180122001300080056%PA-757 Taiwan Chi Mei 1320014400120009%DG-417Tianjin Dagu 116001205045088%Brand Origin/Manufacturer July 31st, August 11th Change, Brand Place of Origin/Manufacturer July 31st, August 11th, Change, Change 0215A Jilin Petrochemical 118001250070093 %0215A118001250070093%750A117501250075038%750A117501250075038%HI-121HLG123001300070069%HI-121HLG123001300070069%AG15A1124001300060084%AG15A1124001300060084%D-180122001300080056%D -180 Zhenjiang Chi Mei 122001300080056%PA-757 Taiwan Chi Mei 1320014400120009% PA-757 Taiwan Chi Mei 1320014400120009%DG-417Tianjin Dagu116001205045088%DG-417Tianjin Dagu11600120504%03

Table 1: Partial price changes in the ABS market in China Plastics City from July 31 to August 11

As shown in Table 1, China Plastics Online monitored that from July 31 to August 11, the prices of most brands in the ABS market in China Plastics City showed an obvious upward trend, among which Taiwan Chimei PA-757 increased by 1,000 yu.

Look at the petrochemical aspec.

manufacturer	grade	July 31	August 11	ups and downs
PetroChina Southwest	0215H	11700	12500	800
0215A	11700	12500	800
GE-150	11650	12450	800
PetroChina South China	0215A	11800	12400	600
750A	11800	12400	600
GE-150	11800	12400	600
PetroChina Northeast	0215A	11600	12400	800
750A	11600	12400	800
GE-150	11600	12400	800
CNPC East China	0215A	11650	12400	750
750A	11650	12350	700
GE-150	11650	12400	750
PetroChina North China	0215A	11500	12300	800
750A	11500	12300	800
0215A	11500	12300	800
Sinopec East China (to Shanghai Gaoqiao)	275	9150	9600	450
8391	11550	12100	550
Ningbo Taihua	12A1	13500	14000	500
15A1	13400	13900	500
15E1	13300	13800	500
Zhenjiang Chimei	707K	12800	13100	300
757K	13000	13300	300
D180	12500	13000	500
LG Yongxing	121H	12500	13300	800

7318110215H11700125008000215A1170012500800GE-15011650124508000215A1180012400600750A1180012400600GE-15011800124006000215A1160012400800750A1160012400800GE-15011600124008000215A1165012400750750A1165012350700GE-15011650124007500215A1150012300800750A11500123008000215A1150012300800（）275915096004508391115501210055012A1135001400050015A1134001390050015E11330013800500707K1280013100300757K1300013300300D1801250013000500LG121H12500133008007318117318110215H11700125008000215H11700125008000215A11700125008000215A1170012500800GE-1501165012450800GE-15011650124508000215A11800124006000215A1180012400600750A1180012400600750A1180012400600GE-1501180012400600GE- 1501180012400600 CNPC Northeast 0215A1160012400800 CNPC Northeast 0215A1160012400800750A1160012400800750A1160012400800GE-1501160012400800GE-15011600124008000215A11650124007500215A1165012400750750A1165012350700750A1165012350700GE-1501165012400750GE-15011650124007500215A11500123008000215A1150012300800750A1150012300800750A11500123008000215A11500123008000215A1150012300800（）27591509600450（）27591509600450839111550121005508391115501210055012A1135001400050012A1135001400050015A1134001390050015A1134001390050015E1133001380050015E11330013800500707K1280013100300707K1280013100300757K1300013300300757K1300013300300D1801250013000500D1801250013000500LGXing 121H1250013300800LG Yongxing 121H1250013300800）27591509600450839111550121005508391115501210055012A1135001400050012A1135001400050015A1134001390050015A1134001390050015E1133001380050015E11330013800500707K1280013100300707K1280013100300757K1300013300300757K1300013300300D1801250013000500D1801250013000500LG121H1250013300800LG121H1250013300800）27591509600450839111550121005508391115501210055012A1135001400050012A1135001400050015A1134001390050015A1134001390050015E1133001380050015E11330013800500707K1280013100300707K1280013100300757K1300013300300757K1300013300300D1801250013000500D1801250013000500LG121H1250013300800LG121H1250013300800

Table 2: From July 31 to August 11, the ex-factory price of some ABS manufacturers

Of course, how can petrochemical companies alone make such waves, and the timely cooperation between supply and demand also plays a key ro.

Supply side: First, Tianjin Dagu conducted a three-day overhaul at the end of July, and there was a certain pressure on the supply of goods in the first week of August; secondly, under the impact of the second outbreak of the epidemic in the United States, Brazil, India, Hong Kong and other places , the progress of customs clearance of some imported materials has been affected, and the tight cargo situation has been further exacerbated; third, considering the tepid market in July, merchants are weak in receiving ABS cargo, resulting in less supply in the mark.

Demand side: Due to the increase in export orders and the fact that home appliance companies are still in the stage of replenishing inventories, the overall domestic ABS downstream has started we.

Summary: Under the instigation of the thinking of "what is rare is more expensive", the market surge will come natural.