SunSirs--China Commodity Data Group

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Commodity News

SunSirs: Styrene Market Fluctuated and Consolidated

January 30 2023 10:53:19     SunSirs (John)

Price trend

The styrene market fluctuated and consolidated on January 29. The price of styrene in Shandong was 8,600.00 RMB/ton, unchanged from the previous trading day, and down 3.48% year on year.

Analysis review

As of January 29, the styrene port inventory had increased significantly, while the recovery of the downstream still needed time.

Market outlook

It is expected that the styrene market will fluctuate and fall mainly in a short time.

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