The price of raw materials has fallen in the traditional weak ..
After this year, the traditional low demand of the domestic ABS market is low. Recently, the price of styrene has fallen sharply.
Coupled with a collective fall in commodity prices, the decline in the value of the renminbi contributed to a sharp fall in the dollar.
At the domestic level, under the major conference and environmental protection regulations, the downstream production is restricted, and the demand for styrene and ABS is low and the inventory is high.
Many reasons lead to ABS decline, the industry buys up not to buy the atmosphere heavier.
Business analysts say the market may need to adjust for a long time, and the price correction may have to wait until may or June.