According to the bulk data monitoring of business society, the mainstream price of styrene in Shandong rose in shock this week. At the beginning of the week, the price of sample enterprises of business society was 10000.00 yuan / ton, and at the end of the week, the price of sample enterprises was 9020.00 yuan / ton, a decrease of 9.80%. The price increased by 5.29% over the same period last year.

cement

The market price of styrene fell again and again this week. As can be seen from the figure above, the price of styrene has fallen sharply this week after two weeks of continuous rise in recent days. Recently, the supply and demand of styrene is still weak, the downstream receiving mood is negative, the spot transaction of styrene is general, and the price of styrene continues to fall.

In terms of raw materials, the international oil price first fell and then rose. Driven by this, the price of pure benzene first fell. Many domestic public health events affected transportation, blocked factory shipments, and the recent trend of crude oil was downward, and pure benzene weakened with crude oil. Recently, the price of domestic pure benzene is 7800-8250 yuan / ton.

Downstream, the three downstream styrene rose or fell this week. The market price of PS was relatively stable this week, and the average price was 10666.67 yuan / ton by the end of the week.

The EPS market fell, the international crude oil price fell as a whole, the purchasing sentiment of some downstream businesses was weak, the inventory was low, and the terminals with normal production maintained rigid demand. There was more waiting and waiting. The overall trading atmosphere of the EPS market was poor, and the market continued to decline.

The ABS market has declined. Affected by public health events, the demand of ABS market continues to be low, and the overall transaction is general. The ABS market price surges up and falls down. At present, the terminal demand is general, and the market transaction is weak.

The probability of short-term sharp decline of international crude oil is small, and the downstream demand may recover. At present, there is no pressure on the inventory level and market supply. Styrene is likely to follow the trend of crude oil. Generally speaking, if the raw material level rises next week, the styrene market will follow the rise.