Beginning in mid-August this year, silence for half a year of the styrene market began to force, as of mid-September just a month, or up to 20%. Once reached 11850 yuan / ton high, from the highest price this year, 12,000 yuan / ton only one step away. The current round of styrene prices rose by the domestic part of the device parking, downstream ABS demand and other comprehensive effects, which is expected to reduce the import volume has played a vital role in driving.
| EDTA |
As we all know, for a long time, China has been a net importer of styrene, although in recent years, domestic production has been launched, making the domestic supply of styrene has increased, but by the end of 2016, styrene imports are still about 40% Changes in the international market for the domestic market trend of a great impact on the styrene.
August European market supply continued to tighten, in which the French Gonfreville styrene device suffered force majeure, part of the styrene plant plans to repair and replace the catalyst in September, the European market supply tightening, the price soared. As the price in Europe is much higher than that in the US and Asia, and freight costs between Europe and the United States are lower than those between the US and Asia, most US traders have chosen to deploy their goods to Europe, thereby reducing their supply to the Asian market.
China’s major sources of imports in the United States, in late August, affected by Hurricane Harvey, Texas and Louisiana area suffered heavy losses, the United States has a total of 4.8 million tons of styrene production capacity, and these devices are located in the above mentioned Affected areas. Affected by this, Benzene and Lee Andre Basel located in the local total of 2.47 million tons of equipment to stop, other manufacturers part of the load operation.
In addition, the beginning of June on originating in South Korea, Taiwan and the United States imports of styrene anti-dumping program investigation also plays a supporting role in the market traders mentality. For a long time, the above areas have been the main source of imports of styrene in China. In this case from January to July this year, for example, South Korea accounted for 36.0% of the total import territory, the United States accounted for 9.1%, Taiwan accounted for 6.3%, the three together accounted for half of the source of imports, if the final determination of the region There is anti-dumping behavior, the domestic supply pattern of styrene will be a big change, and domestic products will become the biggest profit.
| EDTA 2Na |
In the long run, with the gradual release of domestic production capacity, the international market to guide the domestic price trend will be reduced, the right to speak of domestic products will gradually increase. 2016, the domestic production capacity compared to the previous year, a substantial increase of 865,000 tons to 8.55 million tons. In 2017, Jiujiang Petrochemical 80,000 tons / year plant and Ningbo Branch yuan 120,000 tons / year device has been put into operation, the latter will also have CNOOC Whitening two 630,000 tons / year plant and Qingdao Alkali 50 million tons / year device plan Put into operation, if the device put into operation, the end of 2017 the domestic styrene production capacity will reach 9.88 million tons, the industry self-sufficiency rate to further improve.
At present, the domestic styrene market is still largely affected by the international import market, the latter if the anti-dumping is established, coupled with a substantial increase in domestic production capacity, the styrene market self-sufficiency rate will be effectively improved, domestic products in the market to further strengthen the right to speak, but Subject to the import supply is still a certain unique advantages, domestic import substitution process will be long and full of uncertainty.
| Benzalkonium chloride |