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
- 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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