According to the bulk data monitoring of business society, the mainstream price of styrene in Shandong rose this week. At the beginning of the week, the price of sample enterprises of business society was 9733.33 yuan / ton, and at the end of the week, the price of sample enterprises was 10050.00 yuan / ton, an increase of 3.25%. The price increased by 0.50% compared with the same period last year.

cement

The market price of styrene fluctuated and rose this week. As can be seen from the above figure, the price of styrene fluctuated recently. The price rose slightly this week, rising for five consecutive weeks. International crude oil prices rose continuously, pure benzene prices rose slightly, styrene cost support was good, some downstream operation conditions improved slightly, just needed procurement was maintained, styrene market transactions were OK, and prices continued to rise.

In terms of raw materials, the pure benzene market continued to rise this week. Due to the expected production reduction of main refineries and the continuous decline of port inventory, the industry expects that the domestic pure benzene supply is tight in May. In addition, the local refining enterprises of festival enterprises have good shipments, the market continues to rise after the festival, and the price continues to rise. Crude oil rose by a wide margin this week, the price of pure benzene in the external market was relatively high, the cost support was stronger, and the discussions on the pure benzene market were active during the week.

Downstream, the three downstream styrene rose or fell this week. The domestic PS market price is stable, and the current price is 10616.67 yuan / ton.

The price of EPS in China has increased, with 11100-11200 yuan / ton of ordinary materials and 12000-12100 yuan / ton of barrier fuel. The crude oil fluctuated at a high level and the cost support was good. It is expected that the domestic EPS price may be strong in the short term.

The domestic ABS market price is stable this week, and the current price is 14200.00 yuan / ton. Compared with before, the price is stable. Merchants follow the market, and the current sales are general.

The international crude oil market is expected to rise. Styrene is likely to follow the trend of crude oil. On the whole, if the raw material level rises next week, the styrene market will follow the rise.