Styrene market: the world's big rise, profitable

China Coatings Network
: the global styrene surge, enterprises and operators profited handsomely. After entering 2015, the trend of styrene market in Asia, Europe and the United States is gradually out of touch with crude oil, especially since the Chinese New Year, the market is dominated by supply and demand, the market is rapidly pushing up, the profit margins of production enterprises are gradually rich, and most of the holders are also profitable. The trend of styrene market is different from the trend of crude oil, in the first quarter of 2015 in the past time, crude oil consolidation decline, while the overall market of styrene showed a pattern of consolidation upward, styrene trend and crude oil market has deviated.
market rally concentrated in the Chinese New Year and festival, the market finishing higher, the increase is gratifying, while the styrene mainstream market in China before the Spring Festival market continued to organize, small increase; And the Chinese New Year and festival to March 13 in Asia, Europe and the United States and China's styrene market have seen a sharp and rapid rise, prompting the raw materials and the market digestion rate are much lower than the rate of styrene, so that the styrene market manufacturers and most of the holders in February have entered a rich profit margin. The difference between pure styrene and styrene is huge, resulting in the global styrene production enterprises are rich profit margins.
The main factors that led to the market's big rise between February and March came from the centralized maintenance of production plants in Asia from March to June (with a total capacity of about 4.7 million tons/year and above), and the centralized maintenance of production facilities in Europe in April (approximately 1.32 million tons/year); Global
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understand the Asian and European markets between arbitrage open, especially in Europe and the United States arbitrage long-term opening; The downstream start of the market increased rapidly; According to the national resin network experts, the current futures market are heavier shorting operations, the holders are very sorry to sell, the market price is tight; The strategies adopted by countries are becoming more effective.
according to experts, at the same time, with the market's digestion of the early negative, the market's positive stage volatilization, because of the deep decline in crude oil led to the market after a long period of repression of the "spring effect"; In the first quarter, the people participating in the market were more abundant in capital; And so on, leading to the rapid rise of the styrene market, market manufacturers and mainstream operators have entered a rich profit market, and then there is the market profit understanding operation and "drop bag for Ann" psychological growth, the first quarter of the market will gradually tend to organize, digest market growth, for the later market changes reserves of various dynamics.