原料问题影响国内外供应,全球开工率下降

1. Report Industry Investment Rating - No relevant content provided 2. Core View of the Report - Raw material issues are affecting domestic and international supplies, leading to a decline in the global styrene operating rate [1] 3. Summary by Related Catalogs Domestic Styrene Situation - As of March 12, 2026, the domestic styrene operating rate was 71.79%, a decrease of 2.32 pct compared to the previous period and 3.13 pct compared to the same period last year. The weekly output was 360.1 thousand tons, a decrease of 11.6 thousand tons from the previous period. An equipment in East China was shut down for planned maintenance, and equipment in North and East China made small load adjustments, resulting in an overall decline in output [1] Overseas Styrene Situation - As of March 16, 2026, the overseas styrene operating rate was 74.48%, a decrease of 0.66 pct compared to the previous period and 8.57 pct compared to the same period last year, at a relatively low level compared to the same period in the past six years. In early March, a 370 - thousand - ton production capacity device of South Korea's YNCC reduced its load due to raw material issues [1] Global Styrene Situation - As of March 16, 2026, the global styrene operating rate was 73.11%, a decrease of 1.51 pct compared to the previous period and 6.10 pct compared to the same period last year, at a relatively low level compared to the same period in the past six years [1]