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April styrene discuss downward move in Asia

by:Mengxing     2020-07-16
Since the middle of April 2018, Asia styrene plastic thermoforming machine material into the inversion phase, the market arbitrage window open. But by styrene marketing news intensified, combined with Europe and the United States styrene prices driven, styrene to arbitrage window closes in Asia, outside dish supply tight, Europe and the United States and South Korea arbitrage window opens. At present domestic assembly of styrene styrene prices as well as Europe and the United States have to restart, prices fell, driving Asia market talks downward move. Now east China with nearly 200 yuan/ton CFR China styrene spreads, arbitrage window open. Thicken the market buying mood. The weakness of the ethylene glycol slump dragged down the market vulnerable to follow, the Asian styrene with suppliers, subject to the limit of the high cost, offer relatively strong, offer is sparse, and strength. Europe and the United States supply increased, styrene prices callback, such as South Korea styrene exports the window was closed. The styrene plastic thermoforming machine material market more empty deadlocked. Empty square, ethylene glycol price is very, difficult to styrene dividend under the massive market must cut space. Parties, market access, spot supply cuts, port stocks is not high, low demand. In the first half of this year Japan styrene overhaul years, cause Japan's export supply atrophy. China's imports to maintain low styrene. The long-short deadlocked, styrene narrow vibrations. Short-term styrene plastic thermoforming machine material prices fell and 10000 yuan/ton mark for the strong strength of the support. Northeast styrene overhaul concentration may, based on the supply, demand gap is big, shandong to the northeast arbitrage window or open, part of the supply of goods is into may. But tianjin dagu overhaul, with shandong sheng, unilever benefit, the goods supply in shandong also have cuts in Beijing website construction, supply atrophy in shandong province to the east of China. Group, east China styrene plastic thermoforming machine material supply, under severe market prices have tumbled.
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