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Styrene prices fluctuated upward this week, and the PS market was dominated
by volatility.
In crude oil, crude oil prices fell overall this week
.
On Friday, the NYMEX August crude futures contract closed up $1.
11, or 2.
5 percent, at $46.
04 a barrel
.
Brent crude futures closed up 50 cents, or 1.
1 percent, at $
47.
92 a barrel.
From the perspective of the spot market, PS prices are mainly volatile and sorted
.
On Monday, Guangzhou Petrochemical PS prices rose by 100 yuan / ton, 525 quoted 10150 yuan / ton, but CNPC North China PS pricing was reduced by 200 yuan / ton, and Zhenjiang Chimei Beta listed price was reduced by 300 yuan / ton
.
On Tuesday, CNPC East China PS pricing was lowered by 100 yuan / ton, 500 reported 10300 yuan / ton, HIE reported 11400 yuan / ton
.
In terms of equipment, Guangzhou Petrochemical PS plant is operated through and changed, with a load of 5-6% and a small
amount of allocated resources.
Jiangsu CITIC Guoan (formerly Jiangsu Leiden) PS plant was restarted on June 5, and three benzene-permeable lines are currently running, and a single line has started 6-7%, after all stops
on June 1-3.
Jiangyin Haohua EPS device is stopped, and orders are not accepted at present
.
During the shutdown of the Tianjin Dagu EPS plant, there is no clear driving plan
.
It is expected that the PS market quotation will remain weak and volatile next week
.