 Home > Chemicals Industry > China Chemical > Styrene has limited upside space

Styrene has limited upside space

 Last Update: 2021-11-27
 Source: Internet
 Author: User

Tags

sae 30 oil

1 2 crown

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

Severe oversupply

From the perspective of cost, the upward momentum of the crude oil market has been significantly weakened recently

As the Spring Festival approaches, the downstream procurement demand for styrene is better, and the mainstream downstream production and sales still maintain a certain profitability, which will bring benefits to the market

Spot oscillates up

Since late December 2020, the trend of styrene disk has shown a V shape

Internationally, prices in the Asian market are showing an upward trend, mainly because non-integrated device companies have turned losses into profits and brought certain support to the market

Basis keeps returning

The styrene market has started to rebound since the beginning of 2021.

Keep profitable downstream

At present, only the ABS industry in the three downstream markets maintains a high operating rate.

In summary, the recent styrene futures market has shown an overall upward trend, but we expect the overall increase in the later period to be limited

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

ethylene glycol Liquid

CAS No.: 107-21-1

$0.9-1/KG FOB

Triethanolamine TEA 99% LIQUID SAA985654 SAA

CAS No.: 102-71-6

Pharmacy Grade

$3000-3500/MT FOB

N,N-Dipropyltryptamine monohydrochloride;3-(2-Dipropylaminoethyl) indole hydrochloride DPT HCl

CAS No.: 16382-06-2

Chemical Grade

$66-77/KG FOB

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.