Group 1 - The domestic futures market for petrochemicals shows mixed performance, with styrene futures ending a recent adjustment phase and exhibiting a significant upward trend, reaching a peak of 6443.00 yuan and a low of 6272.00 yuan, with an increase of approximately 2.15% [1] - The market sentiment is leaning towards bearish as the trading focus returns to fundamentals, approaching a demand off-season, which may limit the upward momentum for styrene prices [1] - The supply side is under pressure due to a new 120,000-ton facility coming online, while downstream support has not kept pace, leading to a large volume of product entering the East China market [1] Group 2 - Styrene production for the current cycle is reported at 332,900 tons, with suboptimal profits affecting some output, although new production facilities are stabilizing [2] - Inventory levels are decreasing, with Jiangsu's port sample inventory totaling 174,800 tons, down by 4,500 tons, indicating a continued destocking trend [2] - The market outlook suggests that while domestic supply and demand for styrene remain favorable, cost support is weak, and attention should be paid to oil price indicators [2]
港口库存高位去化 苯乙烯期货呈现明显上涨走势
Jin Tou Wang·2025-11-13 06:03