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Asian Viewpoints

China's styrene monomer market expected to rise September onwards

 In the China styrene monomer (SM) market, prices are expected to rise from September onwards as demand remains strong ahead of the National Day holidays in October. Derivatives manufacturers such as expanded polystyrene monomer (EPS) and polystyrene (PS) are raising run rates amid good profitability. In addition, several new derivative facilities are scheduled to start up in the future, so demand for SM would remain strong. Although most of the new SM facilities had started operations by August, the surplus of supplies seen in the past was resolved. While the crude oil market and the benzene market have remained firm, which led to higher costs, the outlook for the SM market has become stronger.

 

Table: Induction equipment to be newly launched in China

products

factories

capacities/year(tons

EPS

大連嘉盛(Dalian Jiasheng)

120,000

江蘇达路旺(Jiangsu Daluwang)

240,000

九龍青山(Jurong Qingdao)

200,000

九龍寧波(Jurong Ningbo)

200,000

PS

山東玉皇(Shandong Yuhuang)

200,000

山東道尔(Shandong Daoer)

200,000

山東嵐化(Shandong Lanhua)

100,000

寧波利万(Ningbo Liwan)

400,000

恵州仁信(Huizhou Renxin)

180,000

浙江一塑(Zhejiang Yisu)

400,000

青山海岸(Qingdaohaiwan)

200,000

ABS

漳州Qimei1(Zhangzhou Gimei)

450,000

 

Shanghai : Kim Setsubai    +81-3-3552-2411Copyright © RIM Intelligence Co. ALL RIGHTS RESERVED.