On April 15, the Styrene Market in Shandong continued to rise, with the quotation of 9150-9250 yuan / ton today. The price of crude oil rose, pure benzene and ethylene followed the strength, and the international quotation of styrene remained strong, providing a good cost support for the domestic styrene price. The main port inventory in East China continued to go to the warehouse, and it was obvious at the end of the month. It is expected that it will continue to go to the warehouse slightly in April. The domestic styrene manufacturers are expected to focus on the maintenance, the domestic supply is expected to decline in the short term, and the short-term market supply is tight. The inventory of downstream finished products decreased, the profit performance was acceptable, and the demand increased slightly. At the end of the month, the new units produced qualified products one after another, but the load needs to be increased one after another, and the short-term impact on the market is limited. The overall market is more positive than negative, styrene prices continue to rise. Night plate styrene slightly increased position upward. To sum up, today’s spot price will rise.
http://www.polyglutamicacid.com |