According to the monitoring of bulk data of Business News Agency, the mainstream price of styrene in Shandong has risen recently. The average price of styrene in Shandong was 8000.00 yuan/ton on the 2nd and 8166.67 yuan/ton on the 9th, up 2.08%. The price fell 3.81% from the same period last year.

styrene

The market price of styrene has risen recently. It can be seen from the above figure that the recent price of styrene is mainly volatile, and the price of styrene rose slightly this week. The price of pure benzene fluctuates in a narrow range, and the cost support is general. Although the downstream is just needed, the purchase intention is good, which has some support for the market. The port inventory may have a small decrease in expectations, which is good for the styrene market. It is expected that the short-term styrene market will mainly rise.

In terms of raw materials, the fundamentals of pure benzene continue to be weak, the downstream are more wait-and-see, and the purchase intention is general; Crude oil continued to fall in the week, and the cost of pure benzene market formed a negative pressure. This week’s trend of pure benzene fluctuated. On December 2, the price of pure benzene was 6450-6600 yuan/ton (average price: 6559 yuan/ton), and on Friday (December 9), the price of pure benzene was 6400-6550 yuan/ton (average price: 6514 yuan/ton), down 0.31% from last week, up 1.46% from the same period last year.

Downstream, the three major downstream of styrene rose and fell in different ways. At present, the PS market is in a narrow market. The upstream styrene price continues to rise, while the downstream styrene remains in demand. The pace of merchant shipments is slow. The average price of PS is 9733.33 yuan/ton.

EPS price fluctuated slightly recently. The overall turnover weakened on a month-on-month basis. The average price of EPS ordinary materials is 10455 yuan/ton, and the buying enthusiasm is not high. The EPS market quotation is weak, and the manufacturers maintain a stable price for shipment, and the terminal demand performance is low.

At the beginning of January, the domestic ABS market was weak and the price was generally stable. According to the monitoring of the data of the Business News Agency, the average price on January 9 was 11750 yuan/ton, which was the same as the average price at the beginning of the month. This week, the load of the ABS industry remained high, the current plant operation was stable, and the supply of goods on the site continued to be abundant. Due to the supply pressure of enterprises to a certain extent, the inventory position rises and the ex-factory price is under pressure. At present, the downstream factories, including the main terminal appliance industry, prepare goods in order. The early stage of goods preparation in the field before the festival is basically completed. The recent demand tends to be stable, and the goods are normally transported in the field. Buyers and merchants followed the market and performed steadily.

As the Spring Festival approaches, the transportation is not smooth, and the overall supply and demand before the festival is fluctuating and weakening, and the styrene market is expected to decline slightly.