20240208-兴证期货-纯苯_苯乙烯日度报告_7页_461kb
报告摘要
- Report Date: 2024年2月8日
- Market Review: Current prices include华东 pure benzene at 8515元/吨, Northeast Asia ethylene at 940美元/吨, and华东 styrene at 8850元/吨. Styrene futures EB主力合约 closed at 9091元/吨, up 208% from the previous day, with a基差 of -245元/吨.
- Cost Factors: Rising ethylene prices due to crude oil influences strengthen pure benzene cost support, while styrene sees modest price increases.
- Supply: Last week's styrene output was 2957万吨 (up 0.01 million tons), with a 0.03% increase in capacity utilization; market supply shows signs of rebound.
- Demand: Downstream industries like EPS and ABS show mixed utilization; PSA slides with pre-festival demand declines, potentially reducing overall demand pull.
- Inventory: Styrene inventories in the华东 port rise to 992万吨 (increase of 1.32 million tons), contributing to supply pressure.
- Outlook: Short-term expectations are for a高位震荡格局 due to weakening market drivers balancing potential price resistance and supportive low inventory levels, with a note on post-festival price risks.
- Risks: Market volatility from macro factors, supply disruptions, or unexpected demand drops could impact prices.
展开完整摘要
试读结束，高清完整版pdf/doc/ppt,请点下载
