Styrene start taking large profits last year

Since January styrene domestic market continued to weaken. According to statistics , as of January 17 , the domestic producer price of 11,618 yuan styrene / ton, compared with the same period last year, prices fell by 7%.Sellotape

Insiders said that last year the overall styrene production and corporate profits is good, most of the time produced corporate profit margins are at a thousand dollars , and even in the end of July 2013 , reached a peak in early August , profit margins more than 2000 yuan / ton. 2013 , the annual average price of styrene products 12,657 yuan / ton, compared with the 2012 average price of 11,117 yuan / ton, up 13.85% . However, the current earnings of around 300-400 tons of styrene yuan , fell sharply compared to last year .Washi tape


Domestic manufacturers of styrene stage at around eighty percent overall operating rate , the overall supply adequate . It is understood that in the next February to April , part of Northeast Asia styrene plant planned maintenance , overhaul the total capacity of about 1.39 million tons , is expected there will be some reduction in imports , or the market price will play a boost . However, the U.S. economic recovery and a weak euro zone , reducing the demand for Asian goods , leading to poor downstream styrenic resin industry profitability , the impact of market demand for styrene monomer.Masking tape


Analysts believe styrene , styrene upstream support is acceptable , weak downstream demand does not change with the coming of Spring Festival , more depressed market , is expected to have a short-term upside styrene market is difficult .Wholesale masking tape