Price trend

According to the Commodity Market Analysis System of SunSirs, the styrene market fluctuated and consolidated on June 1st. The price of styrene in Shandong was 7,815.00 RMB/ton, a year-on-year decrease of 24.18%.

Analysis review

The international oil price had fallen, and cost support was poor. The trading volume in the Asian styrene US dollar market was light, and the market continued to decline. Downstream demand maintained just in needed.

Market outlook

It is expected that the styrene market will mainly decline in the short term.

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