Affected by the post-disaster reconstruction in Sichuan, domestic demand will increase, suppliers will supply EPS plants, and manufacturers and merchants will be more reluctant to sell. The high price of crude oil has helped the styrene market. The price of pure benzene has been raised again and again, styrene is under pressure from cost, and factory price adjustments are frequent.
East China: Jiangsu styrene market is relatively active today, the mainstream quoted at 13750-13800 yuan / ton, the actual negotiation price 13750 yuan / ton, the market talks atmosphere is good, the inquiry increased, the supply shortage, merchants reluctant to sell bullish sentiment, on the market outlook Still taking a wait-and-see attitude. Zhejiang Ningbo morning market mainstream quoted price of 10,000 yuan / ton, basically the same as yesterday, the market talks calm atmosphere, the supply is still small, wait and see atmosphere is thicker. South China: Styrene market price in the South China market is relatively confusing, generally in the 14200-14400 yuan / ton sent, because most local manufacturers to stop exporting, promote market prices, tight supply, traders reluctant to sell bullish sentiment, buying intention is not Strong, the search for goods increased, but the deal was bearish.
Shandong area: Styrene market in Shandong area due to tight supply, most traders are getting goods from the south, offer higher, jump to 14,100 yuan / ton, the market is still negotiable atmosphere, the transaction is mainly small orders, the business is still reluctant to sell the mentality remains the same .
Influencing factors and market trends: The high oil price turmoil has a certain influence on the mentality of market players; the price of pure benzene in the upstream has risen, affecting the production cost of styrene; the market price has been firm, and the downstream purchases have a slight wait-and-see sentiment. Currently, many downstream purchases are on-demand. The price is high and the middlemen are cautious. This site expects that the recent domestic styrene market will be affected by the sharp increase in crude oil and external disk prices. There is still room for upward movement in prices. However, the price of the styrene market has reached a certain high level, and the arbitrage window is shrinking. Business investment needs to be cautious. The current market is suitable for short-term operation and is not suitable for long-term operation.
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