Commodity News

SunSirs: Styrene Market Rose on January 16

January 17 2023 14:29:12 SunSirs (John)

Price trend

The styrene market rose on January 16. Styrene price was 8,433.33 RMB/ton in Shandong, up 1.10% from the previous trading day and down 2.84% year on year.

Analysis review

The international oil price rose in the night market, and the pure benzene market rose slightly, while the downstream market remained just in need of bargain-hunting and replenishment, and the styrene market rose supported by costs.

Market outlook

As the Spring Festival approaches, the styrene market is expected to mainly 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

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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