First, the price trend
Styrene prices rose this week. According to business community data: this Monday (September 17) sample company price is 11629.17 yuan / ton, this Friday (September 21) sample business price at 11816.67 yuan / ton, an increase of 1.61%, the price compared to last year It rose by 3.20% over the same period.
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Second, market analysis
Product: The styrene market rose this week. On September 17, East China styrene closed at 11780-11820 yuan / ton, September 20 11900-11950 yuan / ton, up 120 yuan / ton, the above is Zhangjiagang out of the tank price. On September 17, South China styrene closed at 11,900 yuan / ton, September 20, 12,100-12,150 yuan / ton, up 200 yuan / ton, the above factory sent the price. Shandong Yuhuang 200,000 tons / year styrene plant No. 17 overhaul, planned to repair 20-25 days, Shuangliang Lishide 210,000 tons / year styrene plant parking maintenance, styrene inventory decreased, the volume is not high, the price rises .
Industry chain: The price of pure benzene in the upstream fell. The price at the beginning of the week was 7056.25 yuan/ton, and the weekend was 7018.75 yuan/ton, a decrease of 0.53%. The cost of giving styrene is limited. The downstream PS shock rose, EPS prices rose slightly, and downstream demand improved from last month. On-demand purchases, the styrene market rose.
Third, the market outlook
Recently, domestic styrene equipment has been overhauled, and it is affected by trade wars. The port inventory is low. Many business analysts believe that the styrene market is mainly consolidating, and it is not possible to rule out small increases. The market should pay more attention to the guidance of the market and the trend of the bulk futures.
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