On June 19th, the benchmark price of ABS for SunSirs was 10400.00 RMB/ton, a decrease of -2.12% compared to the beginning of this month (10625.00 RMB/ton).

Recently, the stalemate among the three upstream materials of ABS has been weak, providing poor support for the cost side of ABS. The construction of petrochemical plants has decreased compared to the beginning of the month, and the market inventory has been partially digested. However, the demand side support is limited, and the overall weak and rigid demand pattern is maintained. It is expected that the ABS market may continue this stalemate.