Commodity News

SunSirs: Styrene Market Rose Slightly

January 05 2023 10:41:32 SunSirs (John)

Price trend

The styrene market rose slightly on January 4. The price of styrene in Shandong was 8,233.33 RMB/ton, up 1.44% from the previous trading day and down 1.98% year on year.

Analysis review

The international oil price fell sharply in the night market, the cost support was average, the downstream remained just in demand, bargain hunting and replenishment, and the styrene market rose in shock.

Market outlook

As the Spring Festival approaches, the supply and demand are expected to weaken gradually, 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

2025-05-06 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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