According to the monitoring of the bulk data of the business agency, the mainstream price of styrene in Shandong fell this week. At the beginning of the week, the average price of Shandong styrene was 8657.14 yuan / ton, and at the weekend, the average price of Shandong styrene was 8392.86 yuan / ton, a decrease of 3.05%. The price dropped by 3.67% compared with the same period last year.

styrene

This week, the market price of styrene fluctuated and fell. It can be seen from the above figure that the recent price of styrene is mainly low, and the price will continue to fall this week. The main reason is that the cost is falling steadily, the center of gravity of the pure benzene market is constantly moving downward, and the decline is large, which is difficult to support the styrene market. The styrene inventory is high, the market atmosphere is light, the transaction is poor, and the spot price of styrene is volatile and low.

In terms of raw materials and crude oil, the trend of crude oil is unstable and the support of cost is weak. This week, the price of pure benzene fell broadly. On August 12, the price of pure benzene was 7950-8200 yuan / ton (average price: 8042 yuan / ton), and on Friday (August 19), the price of pure benzene was 7500-7650 yuan / ton (average price: 7542 yuan / ton), with an average price of 6.22% lower than last week and an increase of 0.16% over the same period last year. In the early stage, the shutdown and maintenance devices were restarted in succession, and the domestic pure benzene supply increased; Imported cargoes are concentrated in the port. The inventory of pure benzene in East China port this week increased by 6700 tons to 37700 tons compared with last week, and the port is gradually accumulating. During the week, the price of pure benzene fell continuously.

On the downstream side, the rise and fall of the three major downstream of styrene were mixed this week. This week, the price of PS was weak. At the beginning of this week, the average price of PS ordinary materials was 11616 yuan / ton, and at the weekend, the average price of PS ordinary materials was 10850 yuan / ton, down 6.60% and 0.76% compared with the same period of the year. The support of PS cost is not good, some PS petrochemical manufacturers reduce, the overall transaction is weak, and the supply increase leads to the price weakening.

At the beginning of this week, the average price of EPS ordinary materials was 11375 yuan / ton, and the price was stable. At present, the cash (including tax) of ordinary materials of large factories in East China is 10150-10400 yuan / ton, and that of small factories is 10150-10200 yuan / ton; The cash (tax included) of ordinary materials of South China manufacturers is 10400-10600 yuan / ton; The ordinary materials of Shandong manufacturers leave the factory at about 10000 yuan / ton including tax.

ABS market fell this week. At the beginning of the week, the average price of general-purpose ABS mainstream offers was about 12050 yuan / ton; at the end of the week, the average price of general-purpose ABS mainstream offers was about 11950 yuan / ton, a decrease of 0.80%. At present, it is in the off-season of home appliance procurement. The operation of terminal home appliances is poor, and the demand for ABS is greatly reduced; ABS prices continued to fall.

Recently, the price of styrene has bottomed out, and some manufacturers have reduced production. Generally speaking, if the raw material price rises next week, the styrene market will follow.