Styrene market soaring, corporate profits “burst”

In recent weeks, East China Styrene market, “a soaring”, set a continuous pull up 11 trading days record, the highest turnover in East China to 11800 -11850 yuan / ton, higher than the previous round of up to 2600 yuan / ton

In the first half of the year, the profitability of styrene enterprises fluctuated significantly. In early February, it hit the highest level of profit in the first half of the year, once approaching 1,500 yuan / ton, but then sharply shrunk, even in the second half of April to the second half of May For a month-long loss situation, the maximum loss of up to 500 yuan / ton as much. Since June, the styrene companies to maintain a high level of profitability. Especially in the end of August in early September, corporate profits have recently exceeded 2,500 yuan / ton, the second half of 2013 since the highest profit period.

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