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SunSirs: Shandong Styrene Market Rose on July 26th
July 27 2023 10:11:22SunSirs(John)

Price trend

According to the Commodity Market Analysis System of SunSirs, the styrene market rose on July 26th. The price of styrene in Shandong was 7,991.67 RMB/ton, an increase of 0.31% compared to the previous trading day and a year-on-year decrease of 19.39%.

Analysis review

The international oil price was high, cost support was strong, and the styrene market was rising. Recently, downstream demand had increased.

Market outlook

t is expected that the styrene spot market will mainly rise in the short term.

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