ABS Demand Weakened in Oct on Decreased Export Orders
In October, the demand from ABS downstream enterprises weakened. It’s heard that the medium and small-sized downstream enterprises in Zhejiang ran at low loads, while those in Guangdong ran at higher loads than H2 September.
According to SCI, the operating rates at some large-scale modified ABS enterprises in South China were 60%-70%, which are mainly matching feedstock producers for home appliances, automobiles, computers and some electronic products.
Those at some large-scale home appliance enterprises in South China, which are mainly exporting bread makers, coffer makers and toasters, were 65%-75%; those at some large-scale toy enterprises focusing on domestic market were 50%; those at toy enterprises focusing on exports were 70%.
Those at some air conditioner enterprises were 60%-70%. Those at some refrigerator enterprises were around 70%, and those at some washing machine enterprises were 65%-80%.
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