Crude surged but there were few bids for Asian styrene. H1 Sep. was quoted $ 1,460/mt and H2 Sep. was bid at $ 1,480/mt with relative inquiry capped at $ 1,465/mt, L/C at sight.

 

    Styrene market opened highly due to limited resource in Jiangsu of E-China. At time of press, goods holders mainly bid at Yuan 12,400-12,500/mt. In S-China, styrene was largely pegged at Yuan 12000/mt with negotiation range at Yuan 11,900-12,000/mt delivered. Traders tried to bid at Yuan 12,000/mt amid glimmer sales in Hebei and Tianjin.

 

    As to domestic PCs, SM EXW price closed Yuan 200/mt to Yuan 11,500/mt and inventory was 2,700mt in Qilu PC; Yanshan PC lifted styrene price by Yuan 200/mt to Yuan 11,300/mt; Renqiu PC moved up by Yuan 200/mt to Yuan 11,500/mt.