Latest trends of the hottest Styrene Market in Asi

2022-08-05
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Latest developments in the Asian Styrene Market

the closing prices of ethylene FOB Korea and CFR China of any Asian benzene enterprise and merchant were all in USD/ton, down by USD 25/ton. The decline of crude oil and pure benzene has aggravated the downward pressure of styrene. DSM's polyamide materials have a wealth of color mining options, which has also prompted the goods holders to dispose of their inventory very early. On the same day, the offer for goods delivered in the second half of April was initially made at USD 1290/T FOB Korea, and soon dropped to USD 1270/T, but there was no counter-offer. The seller's interest in CFR China is also $1270/ton. The balance of CFR and FOB prices shows that FOB prices still have some flexibility. This week, due to the liquidation of goods, the PS and EPS markets fell by $20/ton. On Wednesday, GPPS received a high degree of domestic intelligence, and the price was $1360/ton CFR China/Hong Kong, excluding terminal handling charges

domestic market: the market price in Zhangjiagang is yuan/ton. The market price in South China is at the delivery price of yuan/ton. The biomaterial content of RS nylon 6/10 can reach up to 70%. According to insiders, it is difficult to ship at the price of 12550 yuan/ton

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