EN 
VI 
CN Blog
ABS Market Morning Briefing (20260210)
I. Focus
Crude Oil: February 9th: Market concerns about the continued uncertainty in US-Iran relations and unresolved potential supply risks led to a rise in international oil prices. NYMEX crude oil futures for March delivery rose $0.81 to $64.36, a 1.27% increase week-on-week; ICE Brent crude oil futures for April delivery rose $0.99 to $69.04, a 1.45% increase week-on-week. China’s INE crude oil futures for April delivery rose 0.3 yuan to 466 yuan per barrel, and then rose 9.2 yuan to 475.2 yuan per barrel in the night session.
II. Price List:
| Product | Area | 2-6 | 2-9 | Rise and fall |
| Styrene | China | 970 | 952.5 | -17.5 |
| Styrene | South Korea | 970 | 952.5 | -17.5 |
| Styrene | East China | 7760 | 7570 | -190 |
| ABS | Zhejiang | 9200 | 9200 | 0 |
| ABS | Guangdong | 8400 | 8400 | 0 |
| Notes: 1. Styrene prices are in USD/ton; Styrene East China and ABS prices are in RMB/ton. 2. ABS is Yuyao Zhongyou 0215A. 3. The RMB prices in the table above for East China are tax-inclusive; prices for Dongguan are cash prices. 4. Changes are month-on-month changes. | ||||
III. Market Outlook
Yesterday, trading activity was moderate, and market prices remained largely unchanged. With the holiday atmosphere still strong, the domestic ABS market price is expected to maintain a narrow range of fluctuations today.
IV. Data Calendar
| Data Project | Release date | Previous period data | This period’s trend forecast |
| ABS capacity utilization rate | Thursday 4:00 PM | 64.4% | ↓ |
| ↓↑ are considered large fluctuations, highlighting data with price changes exceeding 3%. 2. ↗↘ are considered narrow fluctuations, highlighting data with price changes within 0-3%. | |||