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styrene monomer price analysis
This week, the domestic styrene price shock performance, the overall shock range is relatively small. Within the week, the high-end spot transaction in Jiangsu was 9750 yuan/ton, the low-end transaction was 9550 yuan/ton, and the high and low-end price difference was 200 yuan/ton. There was no ...Read more -
Current situation of styrene industry in China
Styrene is an important liquid chemical raw material. It is a monocyclic aromatic hydrocarbon with alkene side chain and formed conjugate system with benzene ring. It is the simplest and most important member of unsaturated aromatic hydrocarbons. Styrene is widely used as a raw material for the ...Read more -
East China’s styrene stocks hit a new low
East China styrene main port stocks hit a multi-year low this week, falling sharply to 36,000 tonnes, compared with the previous low of 21,500 tonnes in early June 2018. Why? As of September 7, the latest total inventory of styrene mainstream tank farm in Jiangsu is 36,000 tons, a big decrease o...Read more -
PS price connection with raw material styrene
[Introduction] In 2022, the whole PS market in China follows the logic of cost, so the price of PS has the strongest correlation with raw material styrene, and its correlation coefficient has reached 0.97 since 2022, which is highly correlated. At the same time, the correlation between supply da...Read more -
ABS raw material price forcast for second half year
In the first half of 2022, the conflict between Russia and Ukraine broke out in late February, the West continued to impose sanctions on Russia, the supply risk concerns continued to increase, and the supply side maintained tightening expectations. On the demand side, after the start of the summ...Read more -
ABS industry profit analysis in recent three years
In 2022, the five-year high-profit model of ABS industry ended and officially entered the stage of loss. The new production capacity has not been fully released, and the terminal demand has been greatly reduced due to the impact of the global epidemic and China’s domestic economic recession...Read more -
China regional production capacity distribution of styrene monomer
Introduction: In 2022, with the smooth production of the new styrene units developed by Zhenhai Phase II, Shandong Lihua, Maoming Petrochemical and Bohua, and the capacity expansion of the old units in Dushanzi, the total styrene capacity in China has reached 17.449 million tons/year by the time ...Read more -
Styrene Price Analysis 2022.06
In June, the domestic styrene price rebounded after the rise, and the overall fluctuation was great. The price within the month was running between 10,355 yuan and 11,530 yuan/ton, and the price at the end of the month was lower than the price at the beginning of the mon...Read more -
Styrene Price Analysis 2022.05
In May, the domestic styrene price fluctuated upward, and the price within the month was running between 9715-10570 yuan/ton. In this month, styrene returned to the situation driven by crude oil and cost. The volatile rise of crude oil price, coupled with the continuous ...Read more
