Price trend

The styrene market was consolidated on October 25. Shandong styrene production price was 8,650.00 RMB/ton, down 11.64% year on year

Analysis review

The international crude oil futures closed lower, the pure benzene market was weak and consolidated, the cost support was average, and the styrene spot market did not fluctuate temporarily.

Market outlook

The crude oil declined, which was difficult to support the styrene market. It is expected that the styrene market will fall mainly in the short term.

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