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SunSirs: Shandong Styrene Market Fell on February 15
February 16 2023 09:30:02SunSirs(John)

Price trend

The styrene market fell on February 15. Shandong styrene price was 8,450.00 RMB/ton, down 0.2% from the previous trading day and down 6.53% year-on-year.

Analysis review

The crude oil price fell in the night market, the cost support was poor, and the styrene port inventory supply was abundant.

Market outlook

It is expected that the styrene market will mainly fluctuate lower in the short time.

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