The import and export of styrene will be temporarily carried out according to market expectations immediately after the end of anti-dumping
Release time:
2023/03/25
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With the end of anti-dumping, some tariffs have dropped significantly, and the volume of styrene imported by China from South Korea will increase. The competition between US dollar sources and RMB sources will increase slightly. However, the news is negative for domestic styrene production enterprises, forming a certain constraint on domestic market prices. However, the sustainability of the policy's impact on prices is expected to be limited, and price changes will eventually return to the fundamentals of supply and demand balance. At present, when the total domestic styrene production capacity is saturated or even in surplus, the main competitors of domestic production enterprises have shifted from importers to internal competition.
With the end of anti-dumping, some tariffs have dropped significantly, and the volume of styrene imported by China from South Korea will increase. The competition between US dollar sources and RMB sources will increase slightly. However, the news is negative for domestic styrene production enterprises, forming a certain constraint on domestic market prices. However, the sustainability of the policy's impact on prices is expected to be limited, and price changes will eventually return to the fundamentals of supply and demand balance. At present, when the total domestic styrene production capacity is saturated or even in surplus, the main competitors of domestic production enterprises have shifted from importers to internal competition.
Other news
The 9th China (Shanghai) International Technology Import and Export Fair (hereinafter referred to as the Shanghai Fair), co sponsored by the Ministry of Commerce, the Ministry of Science and Technology, the China National Intellectual Property Administration and the Shanghai Municipal Government, will be held at the Shanghai World Expo Exhibition Hall from June 15 to 17, 2023 (Thursday to Saturday). Shanghai Fair is China's first national, international, and professional exhibition that integrates technology exhibition and trading services. With the theme of "Opening the World, Enabling Technology to Empower the Future", this Shanghai International Trade Fair has five exhibition areas: theme pavilion, energy low-carbon technology, digital technology, biomedicine, innovative ecology, and services. During the exhibition period, it is planned to hold the first "Global Technology Trade Summit Forum", "Shanghai International Trade Fair Release", and other activities
On March 23, the reporter learned from Urumqi Customs that in the first two months, the import and export value of China's Xinjiang ports to countries along the "the Belt and Road" was 114.94 billion yuan, up 50.7% year on year, of which the export value was 82.11 billion yuan, up 70.5% year on year; The import value was 32.83 billion yuan, a year-on-year increase of 16.8%. Since this year, China's trade with countries along the "the Belt and Road" has become increasingly active. As an important channel for the country to open to the west, Xinjiang ports are playing an increasingly important role. In the first two months, China's Xinjiang ports exported 42.02 billion yuan of electromechanical products to countries along the "the Belt and Road", a year-on-year increase of 79%, accounting for 51.2% of the total export value of China's Xinjiang ports to countries along the "the Belt and Road"; The export value of agricultural products, new energy vehicles, and refined oil increased by 25.6%, 309.7%, and 7.8% year-on-year, respectively.
Export-Import Bank of China Tianjin Branch Continuously Strengthens Specialization Construction
Diligence leads to diligence, and action leads to thought. In order to create a work culture and atmosphere that is diligent, diligent, and courageous, the Export-Import Bank of China Tianjin Branch actively organizes and carries out a series of training and learning sharing activities, advocating that everyone become an expert, continuously improving the initiative and enthusiasm of employees in learning, and continuously improving the professionalism of the team.
According to statistics from the Ministry of Industry and Trade of Vietnam, in 2022, the import and export volume between Vietnam and the American market reached 153.9 billion US dollars, an increase of 10.7% compared to 2021. Vietnam's exports to the region reached 128 billion US dollars, an increase of 12.2%; The import volume reached US $25.7 billion, an increase of 3%. Vietnam's trade with this market is favorable
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