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>> Why the chemical price keep going up?
International crude oil prices continue to remain at 53 US dollars / barrel or so, the basic price and the same as the previous period. Over the past 7 weeks, WTI crude oil prices are located at 50 US dollars / barrel above, mainly because there are signs that OPEC countries and other oil-producing countries are cutting production, OPEC cut in January reached 84 million barrels / day, Russia cut 11.7 million barrels / Day, this stage of oil prices are enjoying the dividend of some time ago. At the same time in the inner and outer disk support, pure benzene prices are climbing, the market average price has reached 8500 yuan / ton. Styrene cost support is stable.
ATMP
A quarter of Europe and the United States sub-device centralized maintenance, the United States a quarter of a total of three sets of styrene plant maintenance: Amsty company 1 set of 500,000 tons / year device in January began to plan maintenance for 30 days; Cosmar 1 set of 575,000 tons / Mid-month maintenance, plans to postpone until the end of February - 3 months to restart; Styrolution 1 set of 450,000 tons / year plant plans to stop at the end of February 30 days. US dollar market strength, February 6 styrene CFR China, February shipment of goods in the 1500 US dollars / ton; March cargo shipments in 1520 US dollars / ton. External disk strong become a strong factor in the market.
BHMTPMPA
Just after the Spring Festival, the downstream of the styrene industry has not yet resumed, the cost of smooth delivery yet to wait and see. February 6, the data show, EPS manufacturers (Jiangsu) general material, fire resistance rose 1550 yuan, PS East China region prices in the 500-1000 yuan, ABS manufacturers raised prices slightly.
December 2016, China's imports of styrene 310.55 tons, the cumulative total of 3498.55 tons, the amount of 35784.905 million US dollars that month, the cumulative amount of 362912.407 million US dollars, the average monthly import price of 1152 US dollars / ton. Imports increased by 27.98% from the previous month, down 8.09% from the cumulative increase for the same period last year.
China's economy is in the recovery phase, the National Bureau of Statistics, China Federation of Logistics and Purchasing on February 1 jointly released data show that in January China's manufacturing purchasing managers index (PMI) was 51.3%, down 0.1 percentage points from the previous month , For 6 consecutive months on the 50% of the line, continued smooth expansion trend.
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