Styrene market prices fell today. The production price of styrene in Shandong was 8100.00 yuan / ton, down 2.99% from 8350.00 yuan / ton last Friday.
Styrene market fell today. Crude oil fluctuated weakly, raw material pure benzene continued to fall, styrene futures fell, bad mentality, and the overall negotiation atmosphere was light. Shandong Yuhuang 200000 ton plant was restarted on December 17 and is expected to be produced at the beginning of this week; CNOOC shell phase II will be shut down around December 13 and is expected to be overhauled for 15 days; Baling Petrochemical restarted 130000 tons last weekend, and the new unit Wanhua 650000 tons is planned to be sold this week. Lihuayi has not yet defined the production time. When the unit is restarted and the new unit is expected to be put into operation, the styrene supply pressure will increase, and the spot will follow the decline. Intraday shipment settlement and bargain hunting replenishment confrontation, most downstream markets do not buy and wait-and-see, and the market is weak. It is expected that the styrene market may still fall slightly in the short term.
The price of styrene in East China was reduced to around 8100 yuan / ton. The price in Northeast China is around 7600-7650 yuan / ton, and that in South China is around 8300-8350 yuan / ton.
| http://www.thiourea.net |