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Styrene: Short-term shocks exacerbate bulls' unwillingness to fight

 Last Update: 2022-08-26
 Source: Internet
 Author: User

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In the first ten days of November, styrene hit a high point of 10,000 yuan/ton so far, and the rate of increase was as high as 85.

Looking back at the logic of the recent rise in styrene, it is mostly due to the strong long-term funds caused by the mismatch between supply and demand due to the shortage of supply.

At present, in the process of destocking of East China port inventory, some domestic installations have restarted, but some installations have been delayed for maintenance.

Due to the recent high level of styrene, some downstream EPS and PS profits have been squeezed.

At present, the profit of styrene is on the high side.

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