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Styrene market in Asia improved in the second half of the year

 Last Update: 2022-08-17
 Source: Internet
 Author: User

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The strong fundamentals of the Asian styrene market are likely to extend into the third quarter of 201 Since March 2019, Northeast Asia has entered the maintenance season, which has made styrene prices trending hi.

Since November 2018, styrene prices in Asia have basically remained within the range of $1,000 to $1,100 per ton (CFR, Chin.

At present, Hanwha Total Petrochemical's supply situation has attracted much attenti.

In early June, another South Korean producer's styrene unit also malfunctioned, and although the unit was restarted in the week of June 21, it further exacerbated the tight styrene supply situation in the regi.

Market participants predict that the spot premium is still very large, at least $20/t.

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