Commodity News

SunSirs: Styrene Market Fluctuated and Consolidated

December 23 2022 13:34:54 SunSirs (John)

Price trend

On December 22, the styrene market fluctuated and consolidated. The price of styrene in Shandong was 8,041.67 RMB/ton, unchanged from the previous trading day, with a year-on-year increase of 0.52%.

Analysis review

The crude oil market rose at night, with good cost support. The downstream maintained just demand for bargain hunting and replenishment, the styrene market was in shock and consolidation. Lianyungang 600,000 t/a styrene plant will postpone to be put into production, which bring some benefits to the market.

Market outlook

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

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Related Information

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)
2025-03-31 SunSirs: This Week, Styrene Experienced a Weak Decline (March 24-28)

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