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 8166.67 yuan/ton on the 9th and 8458.33 yuan/ton on the 16th, up 3.57%. The price fell 2.84% year-on-year.

styrene

The market price of styrene has risen recently. It can be seen from the above figure that the recent price of styrene has been mainly fluctuating, and the price continues to rise this week. The international crude oil price has been rising continuously, the pure benzene market has been rising, and the cost support is good. Although the downstream is just needed, the purchase intention is good, which has some support for the market. The styrene market is mainly rising with the cost rise.

In terms of raw materials, pure benzene showed an upward trend this week. The price of pure benzene was 6850-7050 yuan/ton (average price 6950 yuan/ton) on January 9 and 6950-7070 yuan/ton (average price 7060 yuan/ton) on Friday (January 13). The price was 0.31% higher than last week and 1.46% higher than 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 range. This week, the average price of PS ordinary materials is 9733 yuan/ton, and the price is stable. At present, the PS market is flat, with strong cost support, and the number of offers from merchants is gradually decreasing, with few transactions.

The EPS price has declined slightly recently. The overall turnover weakened on a month-on-month basis. The average price of EPS ordinary materials is 10275 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.

Recently, the domestic ABS market has risen slightly. According to the data monitoring of the Business News Agency, the average price on January 16 was 11847 yuan/ton, up 0.83% from the average price at the beginning of the month. At present, the downstream factories, including the main terminal appliance industry, prepare goods in a orderly manner, and prepare goods before the festival in the field. The recent demand is fair, and the goods are normally transported in the field. Buyers and merchants followed the market and performed steadily.

The price of crude oil has been rising continuously and the cost support is good, but the Spring Festival is approaching, the transportation is not smooth, and the overall supply and demand before the festival is weakened by shocks, and the styrene market is expected to be dominated by shocks and consolidation.