Date: October 18-October 20, 2016 Venue: heilongjiang, haerbinshi
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15th Styrenics Market Forum 2016

Import pattern is changing at every moment, it's time to go out and have a look……


Event Highlights

Asia remains the main force in the import market of Styrene, but with the continuous closure of some aging devices in Japan, how to fill the gap in this region? The entire export volume of Styrene in north American market has reached 1.2 million tons this year, by the year 2018, the total export volume will reach to 1.6 million tons, the astonishing performance of north American market in recent year has also won the attention of a great number of industry colleagues……

 

日本苯乙烯装置关停时间表

关停时间

工厂名称

地点

SM产能

2010.3

三菱

鹿岛

40

2012.5

电气化学

千叶

24

2015.5

奥克西兰

千叶

42

2016.3

旭化成

水岛

32

产能单位(万吨/年)

The closure timetable of Styrene devices in   Japan

close time

Name

location

SM production

2010.3

Mitsubishi

Kashima

40

2012.5

Denki Kagaku

Chiba

24

2015.5

Oak Zealand

Chiba

42

2016.3

Asahi Kasei

Mizushima

32

tons / year

It's increasingly difficult to make profit, whether it is imperative to consider the reform?

After several rounds of shuffle in Styrene industry, the profit space is being squeezed year after year and it is harder to make money! The era is advancing, whether we need to make some changes? The traditional trade has solid foundation which can stand the test of time, although there is huge risk in financial trade but you can receive immense reward…… What can we do in today's market? To stick to the tradition inherited by our predecessors from generation to generation or to advance with the times and embrace innovative financial thinking?

The more things change, the more they stay the same. We shouldn't abandon the fundamentals

In the first half of the year, domestic Styrene devices were working normally with total work lead at around 80%, along with units' maintenance in the factories in different parts of China. There is less demand in the whole terminal during the first half of the year, market was pushed up weakly and was lack of strong guidance. By the end of May, the total import volume of Styrene materials was 1.5776 million tons, degree of external dependence remained high. While the mainstream of inventory in the first half of the year was basically remain at a high level, up to the present the total inventory of Styrene in the mainstream of inventory in East China is slightly reduce by 6,000 tons to 144,000 tons; Trade inventory reduces slightly by 6,000 tons to 102,000 tons, After the wave of market after the festival, the whole petrochemical industry chain is generally at the state of narrow range, while upstream guidance cannot meet the low demand in downstream area, the whole industry is still without a strong positive impetus.


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