Report Summary 1. Report Industry Investment Rating - Not provided in the given content 2. Core Viewpoints - EB2510 fluctuated slightly, closing at 7,065 yuan/ton. Supply increased last week, with styrene production up 2.14% to 376,500 tons and capacity utilization up 1.67% to 79.74%. Demand saw mixed changes in downstream operating rates, and consumption of EPS, PS, and ABS decreased 3.41% to 260,900 tons. Styrene factory inventory rose 1.67% to 214,900 tons, while East China port inventory fell 10.18% to 176,500 tons and South China port inventory dropped 20.83% to 19,000 tons. This week, an 800,000 - ton device of Guangdong Petrochemical is planned for maintenance, and the impact of the previously shut - down 320,000 - ton device of Xinpu Petrochemical is expanding, so production and capacity utilization are expected to decline significantly. In September, the impact of maintenance devices is expected to be greater than that of planned production devices, potentially easing supply pressure. Some EPS production - cut devices are resuming, and some PS and ABS devices plan to increase production. Styrene supply - demand is expected to improve, and inventory is expected to decline from high levels. OPEC+ production increase in October is moderate, and the worsening Middle East geopolitical situation provides short - term support for international oil prices. Technically, EB2510 should pay attention to the support near 6,930 and the pressure near 7,200 [2][3] 3. Summary by Related Catalogs 3.1 Futures Market - Futures closing price (active contract) of styrene: 7,065 yuan/ton, down 3,582 yuan/ton; trading volume: 171,741 hands, down 19,324 hands; open interest: 292,319 hands, down 12,936 hands; the closing price of the November contract: 7,074 yuan/ton, up 3 yuan/ton. The long position of the top 20 holders: 391,005 hands; short position: 415,645 hands, down 4,623 hands; net long position: - 24,640 hands, up 1,041 hands; total warehouse receipts: 1,784 hands, down 543 hands [2] 3.2 Spot Market - Spot price of styrene: 7,394 yuan/ton, down 6 yuan/ton; FOB South Korea intermediate price: 868 dollars/ton, down 2 dollars/ton; CFR China intermediate price: 878 dollars/ton, down 2 dollars/ton. Market prices in Northeast China: 7,080 yuan/ton, unchanged; in South China: 7,255 yuan/ton, down 20 yuan/ton; in North China: 7,005 yuan/ton; in East China: 7,095 yuan/ton, down 20 yuan/ton [2] 3.3 Upstream Situation - CFR Northeast Asia intermediate price of ethylene: 841 dollars/ton, unchanged; CFR Southeast Asia intermediate price: 841 dollars/ton, unchanged; CIF Northwest Europe intermediate price: 757 dollars/ton, down 1.5 dollars/ton; FD US Gulf price: 457 dollars/ton, down 6 dollars/ton. Spot price of pure benzene in Taiwan (CIF): 726.93 dollars/ton, unchanged; in Rotterdam (FOB): 663 dollars/ton, up 11 dollars/ton; in the US Gulf (FOB): 258 cents/gallon, up 3 cents/gallon. Market prices of pure benzene in South China: 5,900 yuan/ton, unchanged; in East China: 5,915 yuan/ton, down 15 yuan/ton; in North China: 5,910 yuan/ton, down 50 yuan/ton [2] 3.4 Industry Situation - Styrene overall production rate: 79.74%, up 1.67%; national inventory: 214,857 tons, up 3,531 tons; East China main port total inventory: 176,500 tons, down 20,000 tons; East China main port trade inventory: 87,000 tons, down 9,500 tons [2] 3.5 Downstream Situation - EPS production rate: 52.52%, down 5.83%; ABS production rate: 69%, down 1.8%; PS production rate: 61%, up 1.1%; UPR production rate: 33%, down 1%; styrene - butadiene rubber production rate: 67.65%, up 0.61% [2] 3.6 Industry News - From August 29 to September 4, China's styrene factory overall output was 376,500 tons, up 2.14% from the previous period, and the factory capacity utilization rate was 79.74%, up 1.67% month - on - month. The consumption of China's styrene main downstream products (EPS, PS, ABS) was 260,900 tons, down 3.41% from the previous week. As of September 4, China's styrene factory sample inventory was 214,900 tons, up 1.67% from the previous cycle [2]

苯乙烯产业日报 2025-08-12 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货市场 | 期货收盘价(活跃合约):苯乙烯(日,元/吨) 前20名持仓:买单量:苯乙烯(日,手) | 7322 314868 | 72 期货成交量(活跃:成交量):苯乙烯(EB)(日, 手) 8863 10月合约收盘价:苯乙烯(日,元/吨) | 214365 7348 | 19003 76 | | | 期货持仓量(活跃:成交量):苯乙烯(EB)(日, | | | | | | | | 210323 | -16855 前20名持仓:净买单量:苯乙烯(日,手) | -17227 | -4811 | | | 手) 前20名持仓:卖单量:苯乙烯(日,手) 现货价:苯乙烯(日,元/吨) | 332095 7610 | 13674 仓单数量:苯乙烯:总计(日,手) 6 苯乙烯:FOB韩国:中间价(日,美元/吨) | 646 889 | -100 2 | | | 苯乙烯:CFR中国:中间价(日,美元/吨) | 899 | 市场 ...