As of December 25, 2013, Jiangsu port spot styrene trade stocks in the vicinity of 57,000 tons, representing an increase of 06,000 tons the previous week. Domestic self-sufficiency which 0.5 million tons, compared with 00,500 tons the previous week; 20,900 tons of cargo to Hong Kong, compared with 02,600 tons the previous week; addition, the week of digest inventory 19,800 tons, unchanged from the previous week.
East China port stocks rise was mainly due to the significant increase in the number of imported cargo, and port digestion mediocre. Currently in East spot market is relatively stable overall supply and demand side, domestic manufacturers gradually reduced operating conditions, especially in the north of the device, while the more sluggish end-market demand, market demand for downstream products is limited, some of the large demand for styrene downstream manufacturers, mainly through digestion contracts to meet, spot foreign mining less. Domestic supply and demand outlook is expected to face further loosening, stocks will continue to rise.(Organic chemicals News)