According to the monitoring of bulk data by the business community, the mainstream price of styrene in Shandong has risen recently. On the 12th, the average price of styrene in Shandong was 8033.33 yuan/ton, and on the 16th, the average price of styrene in Shandong was 8116.67 yuan/ton, an increase of 1.04%. The price fell 3.23% year on year.

styrene

Recently, the styrene market price has risen. It can be seen from the above figure that the recent price of styrene has been dominated by shocks, and this week the price has risen slightly. The market of pure benzene was consolidated, and the cost support was average. Although the downstream is just in demand, the purchase intention is good, which has certain support for the market. The port inventory may have a small drop expectation, which is good for the styrene market. The short-term styrene market is expected to be dominated by gains.

In terms of raw materials, the recent narrow amplitude shock of pure benzene has continued to weaken the fundamentals of pure benzene. The downstream is more wait-and-see, and the purchase intention is general; During the week, the crude oil fell continuously, and the cost faced a negative impact on the pure benzene market; Downstream styrene grew slightly, boosting the pure benzene market. The cost is weak, and the fundamentals of the pure benzene market are poor. It is expected that the pure benzene will continue its weak operation in the short term. Continue to pay attention to the impact of crude oil, external price trend, pure benzene port inventory dynamics and pure benzene and downstream device dynamics on prices.

In terms of downstream, the three major downstream of styrene rose and fell at different levels. At the beginning of this week, the average price of PS ordinary materials was 9933 yuan/ton, and at the weekend, the average price of PS ordinary materials was 9933 yuan/ton, which was stable. The cost support is on the high side, the tight situation of goods in some areas continues, the supply of permeable benzene goods is slightly loose, and the traders tend to be cautious in trading. The mainstream price of GPPS in East China market is 8900-10800 yuan/ton, and the mainstream price of HIPS is 10050-11200 yuan/ton.

Recently, EPS price fluctuated slightly. Overall transaction weakened month on month. The average price of EPS ordinary materials is 10460 yuan/ton. The buying enthusiasm is not high. The EPS market price is weak. The manufacturer maintains a stable price for shipment, and the terminal demand is sluggish.

Recently, the domestic ABS market is in a weak stalemate, and the price rises and falls are mutual. The load of ABS industry has risen at a high level. At present, the plant is almost in full operation, and the supply of goods on the site continues to be abundant. Due to the supply pressure and the drag of raw material side, the factory price is difficult to increase.

International oil prices fell, and cost support was poor. In December, news of styrene unit restart increased, and domestic supply was expected to increase. The short-term styrene market is expected to fall mainly.