Commodity News
SunSirs: Demand Led, Styrene Market Rebounded
December 14 2022 10:07:11 SunSirs (John)
Price trend
The styrene market rose on December 12. The price of styrene in Shandong was 8,025.00 RMB/ton, up 1.37% from the previous trading day and down 2.87% year on year.
Analysis review
The pure benzene market was consolidated, and the cost support was average. Although the downstream market was just in demand, the purchase intention was good, which provided some support to the market. The styrene market rebounded from the bottom.
Market outlook
The port inventory may increase slightly in the short term, and the styrene market is expected to decline mainly in the short term.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com
Related Information
- 2025-05-13 SunSirs: There Was a Game between Supply and Demand, and Styrene Fluctuated within a Range
- 2025-05-06 SunSirs: The Styrene Market Fluctuated and Fell in April
- 2025-04-27 SunSirs: The Styrene Market Experienced a Slight Decline (April 21-25)
- 2025-04-21 SunSirs:Under the Long and Short Game, the Styrene Market Performed Weakly
- 2025-04-14 SunSirs: The Styrene Market Continued to Decline (April 7-11)
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