Low stocks, styrene prices rose on August 2

First, the price trend

The price of styrene rose on August 2. According to the data of the business community, the average price of the sample enterprises on August 2 was 11,945.83 yuan / ton, and the average price of the sample enterprises on August 1 was 11,675 yuan / ton, an increase of 2.32%, and the price rose by 25.9% compared with the same period of last year.

Second, market analysis

Product: Styrene prices rose on August 2. PetroChina Northeast and Tianjin Daxie offer 12,000 yuan / ton, up 250 yuan / ton from the previous trading day, Sinopec Beijing Yanshan Chemical offer 11900 yuan / ton, Qilu, Qingdao refinery and chemical quotation 12,000 yuan / ton, up from the previous trading day 250 yuan / ton, Shandong Yuhuang offer 12,000 yuan / ton, up 250 yuan / ton compared with the previous trading day. Daqing Petrochemical’s 225,000 tons/year styrene plant was parked on July 23 and is expected to restart in September. The import of styrene to the port is limited, the inventory is reduced, and the price of styrene continues to rise.

Industry chain: The price of pure benzene in the upstream is high and the cost of styrene is supported. The downstream PS and EPS were affected by the environmental protection supervision, which affected the procurement positively, and the price increased. The styrene business mentality was good, the market turnover was higher, and the corporate price rose.

Third, the market outlook

Affected by the source of imports, the inventory level is low, so business analysts believe that: styrene prices are mainly based on rising. The market should pay more attention to the guidance of the market and the trend of the bulk futures.