供需两端均有利多消息 苯乙烯期价暂以宽幅震荡

Core Viewpoint - Styrene futures continue to show a fluctuating trend, with the main contract reaching a peak of 6843.00 yuan and currently trading at 6809.00 yuan, reflecting a 0.80% increase [1] Group 1: Market Analysis - Nanhua Futures advises against high-position buying of styrene, citing a temporary supply contraction due to an unexpected shutdown of a 450,000-ton styrene facility in Tianjin, which has led to a positive sentiment in the market [2] - Newhu Futures indicates that styrene prices are expected to fluctuate widely, with the Jiangsu market closing at 6790-6840 yuan/ton, an increase of 50 yuan/ton from the previous working day, driven by reduced planned supply and increased export transactions [2] - The overall sentiment in the chemical sector is improving, with funds beginning to position themselves positively at lower levels, particularly in PX and PTA, which have seen significant short-term price increases [2] Group 2: Supply and Demand Dynamics - The market is currently experiencing a balance of positive news on both supply and demand sides, with increased export discussions and a reduction in supply contributing to market optimism [2] - Port inventories continue to decline, providing some support for styrene prices, while the price gap between Shandong and Jiangsu markets has opened an arbitrage window, although there is limited flow of Shandong goods to East China [2] - In the medium term, the pressure on styrene prices is expected to ease, with no new capacity pressures anticipated in the next six months, allowing for some upward adjustment in existing operations [2]