Due to the temporary shutdown of the phenol-acetone plant in Zhejiang due to a malfunction and the firmness of the raw material pure benzene
Although there is an expectation of inventory reduction in domestic styrene supply in the first half of February, the overall supply remains relatively abundant. The main downstream demand is expected to increase temporarily after the Spring Festival, but the spot demand may still be weak.
Toluene and xylene, these two colorless and aromatic liquids, are actually not unfamiliar in our daily lives. Due to their volatile and flammable properties, they…
After the holiday, Shandong refineries, free from inventory pressure due to pre-holiday stock clearance and with some units temporarily shut down, saw a rise in toluene and xylene prices as they replenished stocks post-holiday.
During the Spring Festival in 2025, the domestic acetone market operated stably with a basically balanced supply and demand relationship, and prices fluctuated slightly. Impacted by the shutdown during the Spring Festival holidays and slowed logistics, the market trading atmosphere was relatively subdued. However, sufficient pre-holiday stockpiling prevented any noticeable supply shortages.
The recent probability of crude oil exhibiting a relatively strong performance is high, which continues to provide a certain degree of support for styrene. The broad balance in supply and demand at the benzene end has improved, but its impact on styrene is not significant, and it is likely to mainly follow the trend of styrene.
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