中国石化新闻网讯 据ICIS网站9月24日伦敦报道 与8月相比,随着苯乙烯成本的上涨,欧洲可发聚苯乙烯(EPS)市场上一周的月度合约结算价增加,取决于账目和基础价格。
EPS价格再次未能随原料价格上涨而上涨进一步侵蚀了卖方本已微薄的利润率。
近几个月来,随着欧洲生产商之间的竞争,以及从土耳其、伊朗和俄罗斯的进口在一个大体平稳的增长环境中保持市场份额,货物供应时间一直很长。
虽然绝缘等级材料的需求比其他材料保持得更好,但聚氨酯(PU)泡沫绝缘材料的竞争也加剧了人们的情绪。
9月和10月通常是每股收益需求的旺季,这一时期的疲弱开局可能对市场至关重要。
与2019年第一季度的预购相比,随着修订后的脱欧期限的临近,英国和爱尔兰市场的预购并不那么严重,一些人预计脱欧将进一步推迟。
上周末苯乙烯工厂计划内和计划外停工,以及沙特石油设施遭到袭击,导致现货单体市场出现一些波动,不过随着本周的持续,价格有所回落。
如果10月份的需求看起来没有回升,那么随着天气恶化和财政年度末的临近,下游企业通常会逐渐减少,购买意愿在本季度剩余时间内不太可能改善。
甚至有人称,如果供应持续增长,利润率继续进一步下降,生产商将在2020年关闭反应堆。
王磊 摘译自 ICIS
原文如下:
Europe September EPS prices edge up, fundamentals remain soft
September monthly contracts settled with increases in the European expandable polystyrene (EPS) market last week, depending on account and starting point - compared with August - following a hike in styrene costs.
EPS prices once again failed to move up in line with the feedstock rise, further eroding already thin margins for sellers.
Availability has been long in recent months as European producers compete with each other and as imports from Turkey, Iran, and Russia retain market share in a broadly flat growth environment.
Although demand for insulation grade material has held up better than other segments until now, increased competition from polyurethane (PU) foam insulation has also weighed on sentiment.
September and October are often high season for EPS demand; a weak start to this period could be critical for the market.
There is less serious pre-buying in the UK and Irish markets as the revised Brexit deadline approaches compared with the pre-buying that occurred during the first quarter of 2019, with some expecting a further delay to Brexit.
Planned and unplanned styrene plant outages and the attacks on Saudi-based oil processing facilitates last weekend caused some volatility in the spot monomer markets, although values came off as the week continued.
If demand does not look pick up in October it is unlikely that buying appetite will improve for the rest of the quarter as businesses downstream typically wind down as the weather worsens and as the end of the financial year approaches.
There has even been some talk of producers closing reactors in 2020, if supply remains long and margins continue to erode further.