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[Market information]：Although the price of styrene rises, the pressure of raw materials is hard to make profits.

Read： 244 Time：31months ago Source：

After the Spring Festival in 2022, the international oil price continued to rise, which also led to the rising price of styrene. Take 3 months as an example. In early March, the price rose from 8900 yuan/ton. By the beginning of April, the price had exceeded 10,000 yuan/ton, and the price had reached the latest high in 2022. With the recent drop in oil prices and the impact of the epidemic on the weakening of downstream demand in the styrene industry, the price of styrene has fallen back to 9462.5 yuan/ton.

Although styrene the price is high but the cost pressure increases and it is difficult to make profits.

Judging from the trend of styrene in April, although the price is still relatively high, it still does not offset the overall cost pressure. With the cause of the domestic epidemic in the past two months, the downstream consumption capacity of the market has weakened, and many enterprises have encountered more or less profit problems, which also directly affects the current related industries using styrene as raw materials.

Affected by the rise of raw materials, the sales price of products has also been improved, but this increase has a certain time delay and regularity, and has not reached the current cost price of production in a short period of time, therefore, many enterprises are under great cost pressure.

Future styrene the industry is tough, but it is expected to recover after the epidemic.

Looking at all kinds of data in the current market, it is estimated that the capacity of 3.35 million tons/year will be released in the first three quarters, which is much higher than that in 2021. The sales pressure of styrene supply end this year is greater than that of last year, the market has a great influence, and the whole industry generally holds a pessimistic attitude.

However, as the epidemic dissipates, many provincial and municipal enterprises resume production in an orderly manner, which will also drive the circulation of goods in downstream markets and directly affect styrene prices and industry development. In the future, the styrene industry still has the opportunity to return to a more reasonable profit state. It only needs to wait for the downstream factories to start and increase the demand after resuming production. If you need to know more about the dynamics of styrene industry, you can pay attention to this site and update the price and market information every day. If you need to purchase, you can directly consult customer service on this page.

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