1 Today's summary:

① Prices in South China rose and fell; prices in East China also had increases and decreases, but overall transactions were good.

②、ABS monthly output in April is expected to slightly decrease from the previous month.

2 Spot Overview

Table 1: Summary of Domestic ABS Prices (Unit: RMB/ton)

Based on the regions of Yuyao and Dongguan, market prices fluctuate with some rising and some falling. Today's market trading has become subdued, the short-covering rally has ended, and some models are experiencing pullbacks and adjustments, with market prices fluctuating up and down.

3 Production Dynamics

The Tianjin Dagukou 400,000 tons/year ABS facility is scheduled to be shut down in full from April 10th to April 22nd, with operations maintaining at 50% capacity from April 22nd to May 8th. The Liaoning Kingfa 600,000 tons/year ABS facility is expected to undergo a shutdown for maintenance from May 15th to June 30th, lasting for 45 days.

4 Price Forecast:

Today, prices in the South China market showed mixed movements with both gains and declines, while the East China market also experienced fluctuations with rises and falls. Market transactions have slowed, and the short-covering rally has ended, leaving trading activity weak. It is expected that tomorrow's market prices will maintain a slight downward trend in some areas.

5 Related product situation

Styrene Market ： In the afternoon, the main contracts for raw materials and styrene fell in price, and those in the spot market adjusted their prices accordingly. Business discussions in the Zhejiang market weakened intraday. , smell The original text seems to be incomplete or possibly a typo, as it only contains a comma and the character "闻" (smell/w闻" does not form a complete sentence or phrase in Chinese. The provided English translation, "smell," is the direct translation of the character "闻." If there was additional context or characters meant to be included, please provide the full text for an accurate translation. Currently There is a negotiation at 8080/8120 yuan/ton. 。

Acrylonitrile Market ： Today in East China Acrylonitrile market price The price has risen, with the mainstream being offered at reference prices of 9300-9400 yuan per ton, a increase of 100 yuan per ton at the lower end compared to the previous trading day. Local supply has decreased, with higher报价 in the market, and there is still a bullish sentiment in the market. (Note: The term "报价" was incomplete in the original text and seems to be cut off. In the context provided, it likely refers to "报价" meaning "quotations" or "offers" in the market.)

Butadiene Market ： As of the press release, the ex-tank self-pickup price of butadiene in Jiangyin, Jiangsu is around 11,000-11,100 yuan/ton, up 50 yuan month-on-month. The increase in supplier prices and downstream products has boosted the quotation sentiment of merchants, and higher offers have been heard in the market, but Downstream buying interest is relatively sluggish, and higher-priced offers are temporarily struggling to gain solid order support. 。

6 Data Calendar

Table 4 Overview of Domestic ABS Data (Unit: Million Tonnes)