This year is expected to enter the taking of styrene

Styrene accumulated significant historical earnings , taking into year period . According to the annual average price of styrene 2013 12,657 yuan / ton , in 2012 the annual average price of 11,117 yuan / ton , by contrast, Sellotape

prices rose 13.85 percent . Industry analysts said the styrene production enterprise 2013 earnings overall good. But earlier this year styrene prices continued to fall. According to the business community standings bulk data show that early in 2014 the domestic styrene prices down, the 16th domestic price at 11,650.71 yuan styrene business / ton , the current price compared to last year ( 12576.00 yuan / ton ) fell 7.36 percent . 2013 most of the petrochemical manufacturers styrene profit margins are in the thousands or more. Even in the end of July 2013 , reached a peak in early August , profit margins more than 2000 yuan / ton. Currently styrene tons earnings at about 300 to 400 yuan , a significant decline compared to 2013 .Washi tape


Styrene overall operating rate of domestic manufacturers around eighty percent overall adequate supply . Styrene early domestic market continued to weaken , as of now , the spot price of Jiangsu Province in 11750-11780 yuan / ton in the vicinity , in the Shandong region offer 11,850 yuan / ton, South mainstream market quotations 11900-12000 yuan / ton ( delivered domestically imports from mentioning ) . February 2014 to April styrene plant in northeast Asia portion of planned maintenance , overhaul the total capacity of about 1.39 million tons , imports are expected to have a certain amount of reduction . Weakness in the U.S. economy and the euro zone as a whole , reducing the demand for Asian goods , leading to poor downstream styrenic resin industry profitability , which in turn caused the demand for styrene monomer weakened. International crude oil prices remain low in early 2014 , as the 16th WTI crude oil closed $ 94.17 / barrel , the upstream raw material benzene domestic prices firm , East Price in 9600 yuan / ton in the vicinity , the upstream raw material benzene prices for styrene certain cost support.Masking tape


Spot styrene supply still present , East ports total inventory of about 52,000 tons , as well as part of the recent succession of cargo to Hong Kong . Currently downstream manufacturers stocking more fully, the Spring Festival approaching , the small factory basic downtime , lower overall operating rate, currently PS main factory operating rate at 5 percent , EPS factory operating rate near 3 percent , ABS operating rate of less than 6 percent. Sluggish downstream demand styrene , styrene margins continued to decline. For the afternoon , the business community believes the chemical branch of styrene analyst Han Kuaijuan , styrene upstream support adequate, 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