Commodity News
SunSirs: Styrene Market Rose Slightly
January 12 2023 13:15:44 SunSirs (John)
Price trend
The styrene market fluctuated and consolidated on January 11. The price of styrene in Shandong was 81,133.33 RMB/ton, unchanged from the previous trading day, with a year-on-year decrease of 3.50%.
Analysis review
The international oil price rose in the night market, the pure benzene market rose slightly, the cost support was good, the downstream remained just in rigid need of bargain-hunting, and the styrene market was volatile and consolidated.
Market outlook
As the Spring Festival approaches, the styrene market is expected to rise in the short term due to the stock preparation before the holiday and the export pickup.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com
Related Information
- 2023-10-18 SunSirs: Shandong Styrene Market Slightly Increased
- 2023-10-10 SunSirs: Shandong styrene market slightly declined October 9th
- 2023-10-09 SunSirs: Shandong Styrene Market Slightly Declined
- 2023-09-20 SunSirs: Shandong Styrene Market Slightly Declined on September 19th
- 2023-09-15 SunSirs: Shandong Styrene Market Was on the Rise on September 14th
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