10 SM plants in the hottest Far East will conduct

2022-08-16
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10 SM plants in the Far East will be subject to annual inspection

10 SM plants in the Far East will be subject to annual inspection

July 17, 2002

according to Taiwan SM manufacturer Guoqiao, the Singapore petrochemical plant ellba with an annual output of 550000 tons of SM was temporarily suspended due to poor commissioning recently, and it is estimated that it will take a week to resume production. As soon as the news comes out, coupled with the incentive of benzene price rising by $30,

on July 11, the spot market of SM in Taiwan rose by $30 again, reaching $590 per ton. The generation of interstitial compounds with 4-element alloys serves the development needs of the new material industry in our province (Fe, Cr, Mo, Mn) 7C3. Since August, 10 SM plants in the Far East will have an annual inspection, which has led to the market becoming optimistic about the future market of SM. The short-term spot market has rebounded, and the machine

rate has increased by $600

according to statistics, in the first may of this year, the import volume of SM raw materials in mainland China increased by 18.7% over the same period last year, the import volume of PS increased by 13% over the same period last year, and the import volume of ABS increased by 18% over the same period last year, indicating that the market demand is still increasing steadily

Guoqiao said that after the SM spot market in the Far East fell as low as $540 in the second quarter, the upstream raw material benzene price benefited by 5% Press the "impact" button to maintain the $340 level, which has strong low-level support; Recently, in the peak season in mainland China, some purchases came out and the rise in benzene price encouraged the spot price of SM to rise by $30 again, with a high probability of a short-term rise of $600. Subsequently, under the annual inspection of manufacturers and effective supply control, once the boom gradually recovers, the supply and demand of SM market will be tight, and the opportunity is high

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