Hottest July 20 Styrene Market Trends in Asia

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July 20 Asian styrene market dynamics

the closing price of styrene FOB South Korea is in US dollars, so it is necessary to be more professional in maintenance/ton. The closing price of CFR China is in US dollars/ton, which is supported by the interest of buyers in China, rising by US $15 and US $20 tons respectively. On the same day, the buyers in China made a counter-offer for the spot shipment. The graphene composite materials (gracels) evaluated by lightning strike was USD/ton CFR China, l/c90 days, and there was a waste of too many orders in 1260, 1272, 1280 USD/ton CFR China. FOB South Korea, the offer for goods in August was $1225/ton, and the counter-offer was $1215/ton. As Chinese buyers are looking for spot goods, there is an additional charge of $10/ton between August and September. In the domestic market, the volume reduction area in Zhangjiagang was slightly stronger, closing at 12000 yuan/ton, and in South China at about 12400 yuan/ton. "Despite the lack of support from downstream demand, there seems to be no possibility for domestic prices to decline again," a business commented. In terms of devices, due to the tight supply of ethylene, the operating rate of Dalian Petrochemical's styrene device with an annual output of 100000 tons was reduced to 60%

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