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EPS: "roller coaster" style skyrocketing and plummeting

 Last Update: 2022-08-26
 Source: Internet
 Author: User

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In the past half month, the styrene market has experienced a "roller coaster" >

Cost: Continued game of profit, weaker direction

Figure 1 2019-2020 domestic EPS profit chart

The rising cost price has driven the EPS market price to climb step by step.

Supply and Demand: Staged cargo tightening eased, uncertainties released

Figure 2 Operating rate of domestic EPS manufacturers in 2019-2020

According to statistics, in November 2020, the average start-up of the overall domestic installations was about 73.

Looking forward to the market outlook, the current styrene destocking market has come to an end, and the benefits of maintenance have gradually been realized.

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